DraftKings launches DKeX, a proprietary CFTC-regulated prediction markets exchange built on Railbird Technologies, reporting $3.4B in annualized consumer volume as Kalshi seeks a $40B valuation.

Bernstein said DraftKings' DKeX launch keeps prediction-market revenue in-house as consolidation reshapes trading and betting platforms.

DraftKings launched its proprietary prediction exchange DKeX, replacing CME Group and Crypto.com partnerships. Bernstein sees consolidation ahead for the

DraftKings launches DKeX, a proprietary CFTC-regulated prediction markets exchange built on Railbird Technologies, reporting $3.4B in annualized consumer volume as Kalshi seeks a…