Underdog Debuts Federally Licensed Prediction Exchange
Underdog, the U.S. sports prediction market and fantasy sports operator, has launched its own federally licensed exchange, marking a shift from intermediary to fully integrated operator. The move follows the company’s acquisition of Aristotle Exchange DCM, Inc. (UDX) and Aristotle Exchange DCO in March 2026, which granted Underdog Designated Contract Market and Derivatives Clearing Organization status under the Commodity Futures Trading Commission (CFTC). CEO and co-founder Jeremy Levine stated in a press release, “Now with our own exchange, we’re going […] The post Underdog Debuts Federally Licensed Prediction Exchange appeared first on World Casino News.
Underdog, the U.S. sports prediction market and fantasy sports operator, has launched its own federally licensed exchange, marking a shift from intermediary to fully integrated operator. The move follows the company’s acquisition of Aristotle Exchange DCM, Inc. (UDX) and Aristotle Exchange DCO in March 2026, which granted Underdog Designated Contract Market and Derivatives Clearing Organization status under the Commodity Futures Trading Commission (CFTC). CEO and co-founder Jeremy Levine stated in a press release, “Now with our own exchange, we’re going […]
The post Underdog Debuts Federally Licensed Prediction Exchange appeared first on World Casino News.
