Underdog Buys Exchange to Offer Its Own Sports Event Contracts

Underdog Acquires Aristotle Exchange To Bring Prediction Markets In-House

Underdog is moving deeper into prediction markets after acquiring a federally regulated exchange and clearinghouse from Aristotle. The fantasy sports operator announced Monday that it purchased Aristotle Exchange DCM, Inc. and Aristotle Exchange DCO, Inc., entities approved by the Commodity Futures Trading Commission (CFTC) in September 2025 as a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO). The acquisition gives …

Underdog Buys Exchange to Offer Its Own Sports Event Contracts

The deal to buy Aristotle Exchange DCM allows for Underdog to become a more independent prediction-market player.

Underdog Expanding Prediction Market Offerings After Aristotle Exchange Acquisition

Underdog will be expanding its prediction market offerings after announcing the acquisition of Aristotle Exchange.