CME Group and FanDuel Announce Joint Venture, Partner to Launch Event Contracts Platform
The partnership will combine CME Group’s experience in developing regulated markets with FanDuel’s large online gaming customer base. The companies plan to introduce fully funded, event-based contracts with defined risk, allowing individuals to take “yes” or “no” positions on a variety of financial benchmarks for as little as $1. The new products, expected to launch…
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