**Crypto.com Unveils Industry-First Social Gaming and Prediction Market Integration**
Crypto.com has announced a groundbreaking collaboration that merges social gaming entertainment with prediction market trading capabilities—an industry first. This integration aims to enhance user engagement by combining gaming and financial prediction elements in a seamless experience.
As part of this initiative, the crypto platform Hollywood.com will introduce prediction market services focused on movies, music, and television events. This move expands Crypto.com’s footprint beyond traditional financial markets into the entertainment sector.
Alongside these developments, Crypto.com unveiled its new **Level Up rewards system**, featuring multiple subscription tiers and zero trading fees. This rewards program is designed to incentivize user participation and improve overall trading experiences.
On September 3, Crypto.com also announced a partnership with sports gaming platform Underdog to integrate prediction markets into fantasy sports. This collaboration aims to bring innovative market features to the rapidly growing fantasy sports community.
Much of Crypto.com’s recent activity appears driven by a series of regulatory filings and approvals. On October 24, the firm filed a National Trust Bank Charter application with the U.S. Treasury’s Office of the Comptroller of the Currency (OCC). Earlier, on September 30, Crypto.com claimed to be the first major crypto company awarded a “full stack” of derivatives trading licenses from the U.S. Commodity Futures Trading Commission (CFTC). These licenses include:
– Futures Commission Merchant (FCM)
– Designated Contract Market (DCM)
– Derivatives Clearing Organization (DCO)
These regulatory achievements position Crypto.com to expand its product offerings and solidify its presence in the derivatives trading space.
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https://bitcoinethereumnews.com/crypto/crypto-com-partners-with-myprize-to-expand-prediction-market-services/