MyPrize aims to put social spin on prediction markets with Crypto.com partnership
MyPrize partnered with Crypto.com to enhance its prediction market trading with social and livestreaming features for its million users.Summary
Online crypto casino MyPrize has announced a partnership with Crypto.com to integrate a social and entertaining spin into prediction market trading. MyPrize CEO Zach Bruch stated the collaboration aims to deliver engaging experiences and major enhancements to the platform's social, livestreaming, and community engagement features, citing Crypto.com's market-leading infrastructure. MyPrize boasts over one million users globally. This move comes as prediction markets, led by platforms like Polymarket and Kalshi, become a high-growth sector, attracting interest from major trading platforms like Robinhood and Coinbase. The specific deal was made with Crypto.com’s North American derivatives arm, a CFTC-registered exchange and clearinghouse, which could be advantageous for operating within the U.S. MyPrize, a web3 gaming startup focused on streaming and collaboration, previously raised $13 million across two funding rounds.
(Source：The Block)