DraftKings launched DKeX on June 26, shifting its prediction markets off CME and Crypto.com onto its own CFTC exchange.

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