Crypto.com, Hollywood.com Launch US-Regulated Entertainment Prediction Markets
Crypto.com, Hollywood.com Launch US-Regulated Entertainment Prediction Markets

Crypto.com, Hollywood.com Launch US-Regulated Entertainment Prediction Markets

News summary

Crypto.com has partnered with Hollywood.com to launch a regulated prediction market platform focused on entertainment, enabling fans to place bets on outcomes related to movies, TV shows, music charts, and major awards. Operated by Crypto.com Derivatives North America, a Commodity Futures Trading Commission (CFTC)-registered entity, the platform ensures compliance with U.S. regulations while offering real-time price updates on event contracts. This initiative allows users to engage with entertainment content beyond passive consumption, fostering active participation in predicting outcomes such as box office leaders, award winners, and chart-topping artists. Hollywood.com co-CEO Mitchell Rubenstein emphasized that the platform gives fans a voice in forecasting key entertainment moments, reflecting the broader growth of prediction markets from sports and politics into the entertainment sector. Crypto.com views this partnership as part of its strategy to expand regulated offerings and attract users interested in entertainment-based speculation within a compliant environment. The project also aligns with Crypto.com's previous collaborations with Trump Media & Technology Group, highlighting its ongoing expansion in both regulated crypto products and media integrations.

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