{"id":74782,"date":"2026-07-01T03:07:43","date_gmt":"2026-07-01T03:07:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/draftkings-drops-crypto-com-launches-own-prediction-market-exchange\/"},"modified":"2026-07-01T03:07:43","modified_gmt":"2026-07-01T03:07:43","slug":"draftkings-drops-crypto-com-launches-own-prediction-market-exchange","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/draftkings-drops-crypto-com-launches-own-prediction-market-exchange\/","title":{"rendered":"Draftkings Drops Crypto.com, Launches Own Prediction Market Exchange"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Draftkings launched DKeX on June 26, shifting its prediction markets off CME and Crypto.com onto its own CFTC exchange.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Draftkings Predictions hit roughly $11.3B in annualized trading volume for the week ended June 21, lifted by the World Cup.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">DKeX offers sports event contracts in 18 states under CFTC rules, reaching markets where sportsbooks are banned.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>From renting rails to owning the exchange<\/h2>\n<p>Draftkings <a href=\"https:\/\/ir.aboutdraftkings.com\/news\/news-details\/2026\/DraftKings-Launches-Proprietary-Exchange-to-Bolster-Differentiated-Predictions-Experience\/default.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">launched<\/a> DKeX on June 26, a proprietary prediction-markets exchange built on technology and a Commodity Futures Trading Commission (CFTC) license it gained by buying Railbird Technologies in October 2025 \u2013 roughly eight months earlier. The exchange is folded into the unified Draftkings: Sports &amp; Casino app, and it ends the company\u2019s reliance on outside infrastructure: until now, Draftkings Predictions had routed its contracts through CME Group and the <span>crypto<\/span> exchange <span>Crypto<\/span>.com.<\/p>\n<p>The logic is mostly economic. When trades cleared on CME or <span>Crypto<\/span>.com, customers paid both an exchange fee and a Draftkings fee, and the third-party venue kept its cut. By matching orders on its own book, Draftkings now collects those trading fees directly. As Wall Street broker Bernstein put it in a <a href=\"https:\/\/www.coindesk.com\/business\/2026\/06\/29\/kalshi-and-polymarket-could-become-m-and-a-targets-as-prediction-markets-consolidate-bernstein\" target=\"_blank\" rel=\"noopener noreferrer\">June 29 note<\/a> on the sector\u2019s consolidation in a Coindesk report, the revenue share that used to leave the building now stays inside it.<\/p>\n<p>Draftkings is not alone. Bernstein noted that over roughly eight months, every major consumer-facing prediction platform has moved to own both its customer base and its exchange: Robinhood built Rothera with Susquehanna, Coinbase bought The Clearing Company, and Flutter (Fanduel\u2019s parent) set up a dual-broker structure. That, the analysts argued, leaves leaders Kalshi and Polymarket \u2013 which own exchange technology but lack a built-in consumer audience \u2013 looking like plausible acquisition targets.<\/p>\n<p>Draftkings said its Predictions platform generated roughly $3.4 billion in annualized consumer <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> and about $11.3 billion in annualized total <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">trading volume<\/a> for the week ended June 21, a stretch supercharged by the FIFA World Cup. \u201cDKeX provides a vertically integrated foundation for Draftkings Predictions \u2026 enabling us to move faster as we continue enhancing our unified app,\u201d CEO Jason Robins said in the <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260624009284\/en\/\" target=\"_blank\" rel=\"noopener noreferrer\">announcement<\/a>.<\/p>\n<p>Those annualized headline figures flatter a still-small operation, though. As <a href=\"https:\/\/www.ingame.com\/draftkings-launches-dkex\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ingame noted<\/a>, the week\u2019s numbers work out to only about $216 million in actual total <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> \u2013 roughly $31 million a day \u2013 against market leader Kalshi, which routinely clears more than $1 billion a day.<\/p>\n<p>DKeX also leans on a regulatory edge that has drawn fire. Because its sports event contracts sit under CFTC oversight rather than state gambling law, Draftkings can offer them in 18 states \u2013 generally ones where sportsbooks are not legal. That federal-versus-state question is being fought nationwide: the CFTC has <a href=\"https:\/\/news.bitcoin.com\/cftc-sues-kentucky-to-shield-kalshi-and-polymarket-the-first-republican-led-state-its-targeted\/\">sued<\/a> one state after another to keep <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-prediction-markets\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">prediction markets<\/a> beyond the reach of local gambling regulators, even as some <a href=\"https:\/\/news.bitcoin.com\/senate-democrats-urge-cftc-to-ban-sports-and-election-contracts-on-kalshi-and-polymarket\/\">lawmakers<\/a> press for tighter limits.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/draftkings-drops-crypto-com-launches-own-prediction-market-exchange\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Draftkings launched DKeX on June 26, shifting its prediction markets off CME and Crypto.com onto its own CFTC exchange. Draftkings Predictions hit roughly $11.3B in annualized trading volume for the week ended June 21, lifted by the World Cup. DKeX offers sports event contracts in 18 [&hellip;]<\/p>\n","protected":false},"author":3947362403,"featured_media":74783,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74782"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362403"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74782"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74782\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74783"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}