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DraftKings' DKeX launch could drive M&A wave in prediction markets
DraftKings launched its proprietary prediction exchange DKeX, replacing CME Group and Crypto.com partnerships. Bernstein sees consolidation ahead for the
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DraftKings launches its own prediction markets exchange as consumer volume exceeds $3 billion
The company said its prediction markets vertical has generated approximately $3.4 billion in annualized consumer volume.
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Bernstein says prediction-market infrastructure rush could spark wave of M&A across consumer platforms
Bernstein said DraftKings' DKeX launch keeps prediction-market revenue in-house as consolidation reshapes trading and betting platforms.
