Underdog has launched its own federally licensed prediction market exchange, bringing trading in sports, culture, and other event contracts onto infrastructure owned and operated by the company.
The exchange, licensed by the U.S. Commodity Futures Trading Commission (CFTC), is integrated into the existing Underdog app and allows customers to trade prediction markets directly through the platform.
This move expands Underdog's offerings and provides users with a seamless experience for engaging in prediction market activities across various categories.