Fantasy sports platform Sleeper Markets entered US prediction markets through a partnership with federally regulated prediction market Kalshi, marking the latest crossover between sports gaming and financial event trading, according to Bloomberg.
As part of the collaboration, Sleeper Markets began offering sports-related event contracts on its app ahead of the Super Bowl. The company said additional real-world event markets will follow.
The deal came after Sleeper resolved a regulatory dispute tied to its earlier attempt to enter the prediction markets space. The company previously accused the Commodity Futures Trading Commission of blocking its expansion.
