Fanatics Builds Its Own Prediction Market Exchange | Hip-Hop News

Hip-Hop News Today | 2 Min News | The Daily News Now! · Jul 28, 2026 · 1m

Fanatics is dominating the prediction market scene by acquiring Water Street Labs and CX Clearinghouse, giving them full control to launch their own regulated exchange. This move merges Fanatics’ massive fan base with BGC Group’s institutional trading expertise, aiming to make prediction markets more accessible and robust for all. CEO Matt King sees it as a game-changer, blending fan engagement with institutional depth to accelerate growth. Together, they’re also launching new market data products that fuse prediction insights with traditional finance, all while expanding Fanatics Markets —…