Odaily Planet Daily reports that prediction market operator Underdog has partnered with cryptocurrency infrastructure provider ZeroHash to support cryptocurrency and stablecoin deposits later this year. Eligible users will be able to deposit supported digital assets directly through the Underdog app, with near-instant transfers available 24/7.
Underdog has not yet announced which specific cryptocurrencies or stablecoins will be supported. The new deposit method will complement debit cards, credit cards, Apple Pay, and bank transfers, eliminating the need for users to manage wallet addresses or select blockchain networks.
Underdog, founded in 2020, has over 11 million registered accounts. IG Group has agreed to acquire the company for up to $1.3 billion, with the transaction expected to close by the end of 2026 or early 2027; over the 30 days ending October 21, Underdog’s trading volume reached $1.4 billion, a 133% increase from the prior period. (Cointelegraph)