Flutter Shifts Sports Contracts to Crypto.com in Pursuit of Speed

Flutter, a leading provider of sports and gaming services, has announced that it will shift all its sports and novelty contracts to Crypto.com exchange. This move aims to leverage the speed and efficiency offered by crypto-based platforms.

The decision follows FanDuel's prediction to move away from CME Group in pursuit of faster product rollout. According to management, the first half of this year has been slower than planned but is now giving way to 'really good progress' on its prediction market product.

It remains unclear what specific contracts will be transferred or when the migration will take place. However, this development underscores the growing trend towards crypto-based exchanges in the gaming and sports industry.