Underdog Hires Former Head of Crypto.com Prediction Exchange (1)

Sports-centric predictions market platform Underdog has hired Nick Lundgren, the previous head of Crypto.com’s event contracts exchange, to serve as chief legal officer.

Lundgren also served as chief legal officer at Crypto.com and helped the exchange launch the trading of sports contracts in the US in late 2024. Since then, the industry has surged with sports markets accounting for the vast majority of the trading volume on some of the most popular US platforms.

“After working with Underdog, getting to know the team, their ability to build product and seeing them acquire the full stack of prediction ...