Fanatics has officially rolled out a prediction markets offering in partnership with Crypto.com via the launch of Fanatics Markets.

Powered by Crypto.com | Derivatives North America (CDNA), Fanatics Markets has launched in 24 US states, including California and Texas.

The Fanatics Markets app is now available for download, with event contracts on sports, finance, economics and politics launched in the first tranche.

Early next year, Fanatics will push out markets related to “crypto, stocks/IPOs, climate, pop culture, tech/AI, movies and music”.

The launch of sports event contracts will allow Fanatics to expand into states without a form of legalised sports betting, such as California and Texas.

However, Fanatics Markets is expanding into the 24 markets in a staged manner.

The product is now live in Alaska, Delaware, Hawaii, Idaho, Maine, New Hampshire, North Dakota, Rhode Island, South Dakota and Utah.