High Roller stock more than doubles on prediction markets partnership with Crypto.com
The announcement comes as an increasing number of companies move into prediction markets, an industry that is estimated to grow to $1 trillion by 2030
By Olivier Acuna|Edited by Sheldon Reback Apr 14, 2026, 2:50 p.m. Make preferred on
What to know:
- High Roller Technologies shares surged as much as 130% after the company said it planned to introduce a U.S. event-based prediction market in partnership with Crypto.com.
- The platform will initially offer Crypto.com Derivatives North America event contracts on finance, sports and entertainment, though the companies did not disclose a launch date.
- High Roller and industry analysts say prediction markets, already generating more than $3 billion in annualized revenue, could exceed $1 trillion in trading volume and $10 billion in revenue by 2030.
High Roller Technologies Inc. (ROLR) stock more than doubled after the online casino operator said it planned to introduce an event-based prediction market in the U.S. in conjunction with Crypto.com.
The Las Vegas-based company said Tuesday it will initially offer its customers Crypto.com Derivatives North America (CDNA) event contracts in the U.S. across finance, sports and entertainment. CDNA is a CFTC-registered exchange and clearinghouse and affiliate of Crypto.com. It didn't say when the planned market would start operating.
The company's share rose as much as 130% and were recently 65% higher at $8.32. Crypto.com’s CRO token gained 3% after the announcement to 7 cents.
Prediction markets have quickly gone from being niche betting platforms to a growing sector of sophisticated trading platforms that aggregate real-world event probabilities. Leading participants include Kalshi, a CFTC-regulated U.S. exchange for event contracts, and Polymarket, one of the largest decentralized markets covering politics, sports and economics. The market is expected to mature into one with trading volume in excess of $1 trillion by 2030, according to High Roller.
Prediction markets are running at an annualized revenue rate above $3 billion, up from about $2 billion in December, and could reach $10 billion by 2030, according to a recent report by U.S. bank Citizens.
More For You
Bitcoin climbs to highest level since Feb. 5 crash that sent price plunging to $60,000
By Krisztian Sandor|Edited by Stephen Alpher12 minutes ago
Optimism over developments in the Middle East sparked a sharp decline in oil prices and rallies across risk markets.
What to know:
- Bitcoin (BTC) rose to just shy of $76,000 in morning U.S. trade on Tuesday, its highest level since the Feb. 5 crash that sent prices plunging to $60,000.
- Optimism over developments in the Middle East sparked a sharp decline in oil prices and rallies across risk markets.
- The next test...
Bitcoin climbs to highest level since Feb. 5 crash that sent price plunging to $60,000
12 minutes ago
Why Cantor Fitzgerald thinks Robinhood and Coinbase are the best ways to play the prediction market boom
44 minutes ago
Scroll moves to cut costs after top protocol migrates to Optimism
53 minutes ago
JPMorgan CFO warns stablecoins risk becoming ‘regulatory arbitrage’ play
1 hour ago
CoinDesk 20 performance update: Ethereum (ETH) price rises 5.4%
1 hour ago
XRP Ledger adds zero-knowledge proofs targeting institutional privacy gap
2 hours agoTop Stories
Visa and Zodia Custody join Stripe’s new blockchain for machine payments
2 hours ago
Bitcoin rises to one-month high above $75,000 as analysts eye major breakout
2 hours ago
Tether introduces crypto wallet to bring stablecoin and bitcoin payments directly to users
2 hours ago
Bitcoin passes halfway point in halving cycle as price gains trail prior cycles
2 hours ago
Deutsche Börse takes 1.5% stake in crypto exchange Kraken for $200 million
4 hours ago
