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Crypto.com, Hollywood.com Launch Predictions Market for Movies, TV Shows
Fintech platform Crypto.com has partnered with Hollywood.com to launch a predictions market platform focusing on film, television, and awards events.
- The platform will allow users to trade opinions on entertainment event outcomes such as movies, TV shows, and major award shows.
- Crypto.com has recently filed for a National Trust Bank Charter with the US OCC and holds licenses for margined derivatives trading in the US.
- The prediction market will be available on Hollywood.com, featuring real-time updates and enabling users to predict award winners and episode outcomes.
- This launch follows other similar services, like Mogul from MoviePass, which operates like fantasy sports leagues.
- Kalshi, another predictions market platform, recently raised $300 million to expand globally, holding a 60% market share.