DraftKings partners with Polymarket Clearing as it enters prediction markets
Crypto Briefing
DraftKings has partnered with Polymarket Clearing to facilitate its expansion into non-sports prediction markets, following its acquisition of Railbird.Summary
Sports betting company DraftKings is entering the prediction markets space by partnering with Polymarket Clearing, which will act as its clearinghouse. This move follows DraftKings' acquisition of Railbird, enabling the launch of its own prediction markets covering finance, culture, and entertainment, positioning it to compete beyond traditional sports betting. Polymarket itself has recently gained regulatory approval from the CFTC for US operations and has secured other major partnerships, including becoming X's official prediction market partner and collaborating with the NHL and Stocktwits to integrate real-time event probabilities into broader discussions.
(Source：Crypto Briefing)