PANews reported on November 17th that, according to Finance Feeds, cryptocurrency trading platform Crypto.com has promoted veteran executive Travis McGhee to Global Head of Prediction Business. Prior to this promotion, he served as Managing Director and Global Head of Capital Markets at Crypto.com, leading Crypto.com's expansion into stock and ETF trading. Previously, he was CEO of Crypto.com | Derivatives North America.

The Financial Times previously reported that Fanatics was in talks with Crypto.com to launch a prediction market .