Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
FIFA Prediction Partner ADI Predictstreet Opens to US Traders Despite Licensing Questions Ahead of World Cup

FIFA Prediction Partner ADI Predictstreet Opens to US Traders Despite Licensing Questions Ahead of World Cup

CryptoNewsNetCryptoNewsNet2026/06/09 22:48
By:CryptoNewsNet
Back to the list

FIFA Prediction Partner ADI Predictstreet Opens to US Traders Despite Licensing Questions Ahead of World Cup

FIFA Prediction Partner ADI Predictstreet Opens to US Traders Despite Licensing Questions Ahead of World Cup image 0  news.bitcoin.com 9 m
FIFA Prediction Partner ADI Predictstreet Opens to US Traders Despite Licensing Questions Ahead of World Cup image 1

ADI Predictstreet, the official prediction market partner of the FIFA World Cup 2026, has opened to U.S. traders through Fanatics Markets days before kickoff – even as questions persist over how its Gibraltar license was granted and who sits behind it.

  • ADI Predictstreet went live June 8 and now trades in 23 U.S. states via Fanatics Markets.
  • Gibraltar granted ADI its first prediction-market license in a reported nine days.
  • ADI traces to Abu Dhabi’s IHC through Finstreet; CEO Psarrakis denies 2022 Qatargate links.

A FIFA-branded market enters a crowded U.S. field

ADI Predictstreet went live on June 8, launching in Gibraltar ahead of the tournament’s June 11 opener and reaching the U.S. through a co-branded “World Cup Hub” with Fanatics Markets. The hub is now available in 23 states, giving American traders access to FIFA-branded prediction contracts for the first time.

Built on ADI Chain, the platform lets users fund accounts with both crypto and fiat, streams every World Cup match in eligible jurisdictions, and settles eligible markets through what it calls a near real-time resolution engine. The Fanatics hub carries official FIFA player data and tournament news alongside the markets. ADI Predictstreet CEO Dimitrios Psarrakis said Fanatics’ “reach and understanding of the American sports fan is unmatched,” describing the U.S. as “a strategically important market” as the World Cup’s primary host country.

The launch drops ADI into the territory Kalshi and Polymarket have spent months contesting. Both venues have drawn record inflows ahead of kickoff. FIFA’s decision to anoint a single official partner – rather than the incumbents – hands a newcomer the tournament’s branding at the exact moment prediction markets have gone mainstream in U.S. sports.

The scrutiny centers on Gibraltar, which issued ADI what officials describe as its first prediction-market operator license. Reports that the approval came nine days after the company was incorporated, at the justice minister’s discretion, prompted criticism that the process was rushed. Gibraltar’s gambling commissioner, Andrew Lyman, pushed back, calling the reporting “sensationalist” and arguing that speed did not mean a lack of scrutiny.

ADI Predictstreet traces through Finstreet to Sirius International Holding, the digital arm of Abu Dhabi’s International Holding Company, linking it to one of the emirate’s largest conglomerates. Its leadership has drawn attention too: Josimar has reported that Psarrakis previously advised former European Parliament Vice President Eva Kaili, arrested in the 2022 “Qatargate” investigation tied to the Qatar World Cup. Psarrakis denies any involvement and Kaili denies wrongdoing. ADI says its compliance stack – identity checks through Sumsub, blockchain analytics via Global Ledger and transaction monitoring from Modulus – is built to meet integrity standards in regulated markets. TK confirm missing source links

For now, the platform is live and taking positions – a shift from the spring, when ADI’s earlier moves drew skepticism over whether it was operating at all. Whether a sovereign-linked newcomer can hold the World Cup’s official prediction badge without the regulatory friction already dogging its larger rivals will play out over the month-long tournament.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

With CoreWeave fueling the AI frenzy, can Nebius (NBIS.US) defend the AI computing power rally with explosive performance?

At Wednesday’s US stock market close, strong earnings reports and financing plans from CoreWeave drove collective gains in the storage chip, AI chip, optical interconnect, and new cloud sectors. CoreWeave and Nebius surged by approximately 24.7% and 15.4%, respectively. However, after the bell, media reports regarding another extramarital affair involving Jensen Huang and discussions by the board about his tenure caused Nvidia to drop more than 8%, putting pressure on the prices of most AI computing power-related stocks.

智通财经•2026/11/12 07:14
With CoreWeave fueling the AI frenzy, can Nebius (NBIS.US) defend the AI computing power rally with explosive performance?

Morgan Stanley: The expansion value of BHP South Australia copper mine is still underestimated, on-site inspection may become a catalyst for revaluation, “Overweight” rating maintained.

Morgan Stanley released a research report, maintaining an "Overweight" rating on BHP Group Limited (Australian shares) and a target price of 68 AUD.

智通财经•2026/11/12 07:06
Morgan Stanley: The expansion value of BHP South Australia copper mine is still underestimated, on-site inspection may become a catalyst for revaluation, “Overweight” rating maintained.

Deutsche Bank remains bullish on Palo Alto Networks (PANW.US) ahead of earnings: Q1 results expected to be solid, platform advantages will help expand market share.

Deutsche Bank's latest research report predicts that Palo Alto Networks will deliver solid performance in the first quarter, with all key metrics exceeding market expectations, although the margin of outperformance may narrow compared to the previous quarter.

智通财经•2026/11/12 07:02

On the eve of Anthropic (ANT.US) IPO: $19 billion in passive buying on the way, will “SpaceX-style” index arbitrage be repeated?

From SpaceX to Anthropic: Giant new listings adopt a new approach.

智通财经•2026/11/12 06:52
On the eve of Anthropic (ANT.US) IPO: $19 billion in passive buying on the way, will “SpaceX-style” index arbitrage be repeated?