Overview
- The standalone iOS and Android app went live in 10 states on Wednesday, with a phased rollout to 24 states by Friday that includes California, Texas, Florida and Washington.
- Pricing and markets come from Crypto.com Derivatives North America, while Fanatics operates as a broker via its July acquisition of Paragon Global Markets, directing flow to Crypto.com’s Nadex exchange.
- Phase One offers contracts on sports, finance, economics and politics, with Phase Two in early 2026 adding crypto, IPOs, climate, pop culture, tech and AI, movies and music.
- Fanatics Markets features a shared wallet across the Fanatics ecosystem and responsible‑trading tools such as deposit limits, session limits, timeouts and self‑exclusion.
- Fanatics presents the product as “trading” under federal oversight, becoming the first major sportsbook operator in this space as DraftKings and FanDuel prepare their own entries and state‑level challenges continue.