MLB Partners with Polymarket for Blockchain-Based Betting
- Major League Baseball (MLB) has named blockchain-based Polymarket as its official prediction market exchange partner.
- The partnership includes a first-of-its-kind integrity agreement with the Commodity Futures Trading Commission (CFTC).
- Polymarket gains exclusive rights to use MLB and team logos and marks under this multi-year deal.
This strategic move by MLB, just days before Opening Day, positions the league to leverage fast-growing fan betting trends through blockchain technology.
The collaboration with Polymarket highlights MLB’s commitment to embracing innovative technologies in sports betting, ensuring regulatory compliance through its agreement with the CFTC. (Source)