High Roller Partners with Crypto.com on U.S. Prediction Markets

High Roller Technologies, a Las Vegas-based online casino operator, announced a partnership with Crypto.com on Tuesday to launch event-based prediction markets for U.S. customers, marking the company's entry into a rapidly expanding sector projected to reach $1 trillion in annual trading volume by 2030.

The agreement involves Crypto.com's derivatives subsidiary, CDNA, which is registered with the Commodity Futures Trading Commission as a designated contract market and derivatives clearing organization. U.S. users will gain access to contracts tied to outcomes in finance, sports, and entertainment through High Roller's platform, which currently hosts more than 6,000 games from over 90 providers. High Roller plans to register as a CFTC introducing broker and connect with Crypto.com's futures commission merchant to facilitate the offerings. No specific launch date has been disclosed, though executives indicated months of preparation have gone into the product and operations.

"This partnership creates new revenue channels for High Roller," said Seth Young, CEO of High Roller Technologies. Crypto.com co-founder and CEO Kris Marszalek added, "Together, we believe we can expand access...