Underdog taps Zerohash to bring crypto funding to prediction markets
Cryptopolitan · Thu, 22 Oct 2026 21:10:07 GMT
Hype 22/100 · Market impact 100/100 · Breaking 52/100
Underdog announced on October 22 a collaboration with Zerohash to let qualified customers fund prediction market accounts with stablecoins and other cryptocurrencies through its app at any hour, with the feature expected to launch before year end. IG Group agreed on July 30, 2026, to buy Underdog for a $1.1 billion enterprise value, including about $200 million in earnout; its acquisition presentation reported that 46% of Underdog customers had traded crypto and 42% liked funding Underdog wallets with crypto. Underdog launched its own prediction market platform on July 18, 2026. Zerohash disclosures say some services may be unavailable in New York and crypto and stablecoin holdings lack FDIC and SIPC protection.