The sports platform has introduced its own Commodity Futures Trading Commission (CFTC)-licensed prediction market exchange within the Underdog app.

Underdog has launched its own federally licensed prediction market exchange, allowing users to trade prediction markets directly through the existing Underdog app. The launch follows Underdog's expansion into prediction markets over the past year The exchange is wholly owned and operated by the company and is licensed by the CFTC. It enables customers to participate in prediction markets covering sports, culture and other events. The launch follows Underdog's expansion into prediction marke