Fanatics has introduced its new prediction markets platform, Fanatics Markets, across 10 U.S. states, with future expansion plans targeting California, Texas, Florida, and Washington. The app enables users to trade on outcomes of various real-world events, such as sports scores, political decisions, and economic changes.
The launch follows Fanatics' acquisition of Paragon Global Markets in July, which facilitated regulatory approval from the CFTC and NFA. Developed in collaboration with Crypto.com, the platform leverages Crypto.com's backend trading infrastructure. Fanatics plans to broaden its offerings to include crypto prices, IPOs, and tech developments by early 2026.
Fanatics Launches Prediction Markets App in 10 U.S. States
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