DraftKings Launches DKeX Prediction Market Exchange on June 26, Ends Reliance on CME and Crypto.com

According to DraftKings' official announcement, the company launched DKeX, a proprietary prediction-markets exchange, on June 26, shifting its sports event contracts from CME Group and Crypto.com to its own CFTC-licensed platform. The exchange was built on technology and regulatory infrastructure acquired through DraftKings' October 2025 acquisition of Railbird Technologies. DKeX offers sports event contracts in 18 states under CFTC oversight, bypassing state-level gambling regulations. For the week ended June 21, DraftKings Predictions generated approximately $11.3 billion in annualized total trading volume, boosted by the FIFA World Cup, though actual weekly volume was approximately $216 million.
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