November 14, 2025 – Crypto.com has announced the promotion of Travis McGhee to the position of Global Head of Predictions. McGhee will lead the company’s event contracts and prediction markets offerings, as well as its planned expansion into additional jurisdictions. The announcement was made here.

Crypto.com launched its prediction markets offering in 2024 through its CFTC-registered exchange and clearinghouse, Crypto.com | Derivatives North America. The platform now features event contracts across various sectors, including sports, financials, economics, and politics. The company has expanded its offerings through integrations with platforms such as the daily fantasy sports app Underdog, social media network Truth Social, entertainment media website Hollywood.com, and social gaming platform MyPrize.

Kris Marszalek, Co-Founder and CEO of Crypto.com, highlighted the growth of the platform since its initial launch. He stated, “We saw a significant opportunity when we first launched our initial sports event contracts in 2024, and their popularity and our platform have grown exponentially since.” Marszalek emphasized McGhee’s leadership qualities, noting his understanding of regulation and responsible innovation.

Travis McGhee previously served as Managing Director, Global Head of Capital Markets at Crypto.com, where he played a key role in expanding the company’s product and service portfolio to include stocks and ETF trading. Before joining Crypto.com, McGhee was the CEO of the CFTC-regulated North American Derivatives Exchange (Nadex) and led its acquisition by Crypto.com. His extensive experience in capital markets includes roles as an options trader at the Chicago Mercantile Exchange and executive positions at Tradestation, OptionsHouse, and TradeMonster.

McGhee expressed enthusiasm for his new role, stating, “Crypto.com is broadly recognized as the most trusted provider of prediction market services, and that journey began when we became the first regulated platform to offer these services to users in the U.S., including the first to offer Sports.” He noted the mainstream appeal of prediction markets and his intent to build on Crypto.com’s leadership in this area.

Why This Matters: Impact, Industry Trends & Expert Insights

Crypto.com has promoted Travis McGhee to the position of Global Head of Predictions, highlighting its commitment to expanding its prediction markets and event contracts offerings. This move is part of Crypto.com’s strategy to leverage its CFTC-registered exchange to broaden its market reach and enhance its product offerings.

Recent industry reports indicate rapid growth in crypto prediction markets, driven by AI integration and regulatory clarity. This aligns with Crypto.com’s expansion in prediction markets, which aims to capitalize on these industry trends and enhance its market position.

As per insights from a Token Metrics report, experts foresee substantial growth in prediction markets, driven by technological advancements and increased institutional interest. This supports Crypto.com’s strategic focus on expanding its prediction market capabilities, potentially driving further innovation and adoption in the sector.

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