Crypto.com has partnered with sports merchandise giant Fanatics to launch the prediction market Fanatics Markets

BlockBeats News, December 4th, according to The Block, Fanatics, one of the world's largest sports apparel companies, announced on Wednesday that it will launch a fan-driven prediction market platform through a strategic partnership with Crypto.com. Similar to industry leaders Polymarket and Kalshi, Fanatics Markets will allow users to trade contracts predicting the outcome of real-world events.

Fanatics Markets will be rolled out in two phases. The first phase goes live today, offering event contracts in sports, finance, economics, and other fields. The second phase will launch in early next year, at which point Fanatics Markets will expand to include event contracts related to cryptocurrency, stocks/IPOs, climate, pop culture, technology/artificial intelligence, movies, and music.