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Fanatics markets launches in Guam, Puerto Rico, A, Samoa and USVI

  • Writer: Admin
    Admin
  • 34 minutes ago
  • 2 min read
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New York, NY, (Fanatics)-- Fanatics, a global sports platform, has launched Fanatics Markets in Guam, Puerto Rico, American Samoa and the U.S. Virgin Islands.


Fanatics Markets is a simple, user-friendly prediction market platform built to let people trade on the moments shaping sports, finance and culture.


Fanatics Markets will introduce customers to markets and pricing offered by Crypto.com/Derivatives North America, a CFTC-registered exchange and clearinghouse. 


The Fanatics Markets app, now available on iOS and Android, provides a safe and fun way to pick a side on the outcomes that matter most, whether that’s a sporting event, the Oscars, an election or a cultural moment.


Crypto.com’s CFTC-registered derivatives exchange provides institutional-grade infrastructure for Fanatics Markets to deliver a best-in-class customer experience.


The result is a sleek, intuitive design that reflects real-time market sentiment. Fanatics Markets allows users to trade contracts across sports, finance, economics and politics, from whether a team will score more than 20 points to if the Fed will decrease interest rates. 


Backed by Fanatics’ trusted brand and expansive ecosystem, Fanatics Markets is uniquely positioned to bring prediction markets to the mainstream and will launch in two phases.


Phase One is live today with event contracts for sports, finance, economics and politics. Phase Two, which is launching early next year, will see Fanatics Markets expand into event contracts related to crypto, stocks/IPOs, climate, pop culture, tech/AI, movies and music. 


The Fanatics Markets app is also already live in Alabama, Alaska, California, Delaware, Florida, Georgia, Hawaii, Idaho, Maine, Minnesota, Mississippi, Nebraska, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Carolina, South Dakota, Texas, Utah, Washington and Wisconsin.


Fanatics Markets offers consumer protections and equips customers with tools to help manage exposure, trade responsibly and make informed trading decisions. The tools will allow customers to set deposit limits, session limits, timeouts and self-exclusion.


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