Crypto.com is expanding its sports event contracts offerings beyond the Super Bowl to include NFL conference championship games, bowl games, and college football playoffs (CFP). These new additions come as part of the company's growing presence in the event contracts trading space.

The platform now covers the two CFP semifinal games this week and the championship game on January 20 in Atlanta, along with the NFL playoffs starting Saturday and conference championships on January 26.

Event contracts differ from traditional sports betting in several key ways:

• They are financial derivatives based on specific event outcomes
• Trading is structured around "Yes" or "No" positions
• Prices fluctuate based on projected outcomes
• Contracts pay out only if the position matches the correct outcome

Crypto.com's unique offering allows customers to:

• Purchase contracts using digital currencies (350+ cryptocurrencies supported)
• Receive winnings in US dollars
• Trade contracts whose values can change daily, unlike traditional sports bets
• Engage with longer-term positions rather than single-game wagers

This expansion follows the platform's initial event contract launch featuring the Super Bowl. The service is operated by Crypto.com | Derivatives North America and is regulated by the Commodities and Futures Trading Commission (CFTC).

The rising popularity of event contracts is evidenced by increased activity on platforms like Kalshi and Polymarket during the 2024 presidential election season. Major financial services firms, including Interactive Brokers and Robinhood, are also entering this growing market segment, with some considering expansion into broader sports betting opportunities.

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