Daily fantasy sports operator PrizePicks will offer its customers access to Polymarket’s sports event contracts when the prediction market relaunches in the U.S.
The deal — announced via press release Tuesday — comes after PrizePicks received approval from the National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC) to be a futures commission merchant (FCM).
An FCM is allowed to offer its users access to contracts created by a CFTC-registered exchange. Currently the most prominent FCM in prediction markets is Robinhood, which offers its users access to Kalshi’s contracts, and makes up about half of Kalshi’s volume.
PrizePicks said the deal would give its customers access to “a wide range of sports, entertainment, and cultural moments.”
