Overview
- MyPrize Markets will combine livestreamed social gaming with tradable contracts on outcomes spanning sports, events and crypto, a product the companies describe as first-of-its-kind.
- Crypto.com announced the partnership on Nov. 4 and said MyPrize becomes the first social gaming business to offer prediction markets, highlighting a unified user experience.
- MyPrize CEO Zach Bruch said the company chose Crypto.com for its infrastructure and plans to offer the new markets to users in the U.S. and abroad.
- MyPrize says it has surpassed one million users, closed a $21 million funding round in July at a $250 million valuation cap, and reached first-year profitability.
- Crypto.com is pursuing similar rollouts through partnerships with Hollywood.com, Underdog and Truth Social, with Trump Media saying a Truth Predict beta is expected in the coming weeks before any wider U.S. release.