Cryptocurrency27 Jul 2026SEO 801 min read

Analysis: Fanatics buys regulated exchange in bid to grow prediction markets business

The deal gives Fanatics control of its own prediction market infrastructure as event-based trading gains traction across sports, finance and crypto. Fanatics w…

The deal gives Fanatics control of its own prediction market infrastructure as event-based trading gains traction across sports, finance and crypto. Fanatics will acquire BGC's federally regulated exchange and clearinghouse to launch and settle its own prediction markets. The deal positions Fanatics to compete in the fast-growing prediction market sector alongside Kalshi, Polymarket and other emerging platforms. Fanatics and BGC also plan to develop new market data products that combine pr…

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