Crypto.com hiring quant trader for sports event prediction market making in the US
Crypto.com is hiring a quant trader focused on sports event market-making as it pushes deeper into prediction markets amid growing regulatory scrutiny.The role centers on pricing and providing liquidity for sports event contracts, which allow users to trade yes-or-no outcomes tied to real-world sporting events.According to the job listing, with a low-end annual salary of $120,000, the US-based trader would be responsible for continuously quoting markets, managing risk, and adjusting prices in real-time as games unfold and new information emerges.The hiring effort comes as Crypto.com expands its footprint in prediction markets through high-profile partnerships.Earlier this month, sports apparel giant Fanatics launched a fan-focused prediction market built on Crypto.com’s regulated U.S. derivatives infrastructure, joining earlier collaborations with Truth Social and MyPrize.Those products compete in a fast-growing field alongside platforms such as Polymarket and Kalshi, which together see billions of dollars in monthly trade volume according to The Block data.The hire follows a flurry of moves across the industry, including Coinbase’s agreement last week to acquire prediction markets startup The Clearing Company as exchanges compete to own pricing, liquidity and distribution in event-based trading.At the same time, the space remains legally contentious. Connecticut regulators last week ordered Crypto.com, Kalshi and Robinhood to halt sports event contracts for state residents, arguing the products constitute unlicensed sports wagering despite federal approval pathways through the Commodity Futures Trading Commission.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.