Crypto.com Builds In‑House Market Maker for US Prediction Markets Amid Conflict of Interest Debate

Crypto.com is expanding its US prediction market platform by recruiting a quantitative trader for an internal market‑making desk that will trade event contracts, including sports outcomes. The company says the desk is designed to improve liquidity and that it remains risk‑neutral, stressing that the market maker has no special access to customer order flow and operates under rules disclosed to the CFTC, even as critics warn such structures can resemble sportsbooks and raise conflict‑of‑interest concerns.