Draftkings Drops Crypto.com, Launches Own Prediction Market Exchange

Crypto Insight Summary: Draftkings has taken more of its prediction-markets stack in-house, launching DKeX and shifting trading away from third-party infrastructure such as CME Group and Crypto.com, though the company has not publicly framed the move as a formal termination of those relationships. From renting rails to owning the exchange Draftkings launched DKeX on June 26, a proprietary […] Crypto Insight Analysis: Direction: Bearish CRO Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Loss of partnership with Draftkings reduces Crypto.com's institutional credibility.