DraftKings could soon be rolling out parlays on its in-house prediction market exchange DKeX rather than sending the trades to Crypto.com, as it self-certified a “combos” contract Friday.
The filing submitted to the Commodity Futures Trading Commission (CFTC) covers a contract titled “Will all [outcomes] occur? ” It settles based on “the joint outcome of two or more constituent contracts,” using their rules.
DraftKings offers prediction markets through DraftKings Predictions, which is registered as a futures commission merchant (FCM), allowing it to offer its customers access to contracts on multiple exchanges. Those exchanges include DKeX, which DraftKings purchased last year, when it was named Railbird.
