ADI Predictstreet opens to US traders across 23 states amid licensing questions

ADI Predictstreet, the official prediction market partner of the FIFA World Cup 2026, went live in 23 US states through Fanatics Markets on June 9 — days before kickoff — even as questions persist over its Gibraltar license and undisclosed ownership.

ADI Predictstreet, the FIFA World Cup 2026 official prediction market partner, opened to US traders across 23 states via Fanatics Markets on June 9, three days before the tournament's kickoff, as scrutiny over its Gibraltar license intensified.

"ADI Predictstreet was created to redefine how fans engage with live events," Dimitrios Psarrakis, chief executive officer of ADI Predictstreet, said. "We are proud to deliver a secure, regulated, and globally scalable platform that combines technology, prediction markets, and real-time participation at an unprecedented level."

The platform, built on ADI Chain's blockchain infrastructure, enables users to predict live match outcomes using both digital assets and fiat payment methods. It has integrated Chainlink's oracle infrastructure as its exclusive provider for real-time market resolutions and instant payouts, according to a June 9 announcement. The company also uses data from Sportradar, Stats Perform and LSports to support market settlement and data integrity.

The launch comes as the World Cup — featuring 48 teams playing 104 matches across 16 host cities in Canada, Mexico and the US — is projected to draw a cumulative global audience of more than 6 billion people, according to FIFA. ADI Predictstreet's ability to operate across US states hinges on its partnership with Fanatics Markets, which holds the necessary state-level licenses, though questions remain about the Gibraltar license under which ADI Predictstreet itself operates.

Gibraltar License and Ownership Questions

ADI Predictstreet initially launched in Gibraltar, a British Overseas Territory known for licensing online gambling operators. The company has not disclosed how its license was granted or who sits behind the entity, leaving a gap in regulatory transparency as it begins accepting US users through the Fanatics Markets partnership.

The co-branded World Cup Hub, announced June 8, offers expanded global soccer prediction markets alongside tournament news, official player data and in-app content. Fanatics Markets President Zeeshan Feroz described the hub as designed to "consolidate everything that sports fans would look for when following their favorite team."

Competitive Landscape Heats Up

The World Cup has drawn multiple crypto and prediction market players. Kraken struck a deal with FIFA on June 9 to become the Official Crypto Exchange Supporter of the tournament, with co-CEO Arjun Sethi calling it an opportunity to show "an open, borderless financial system that anyone can join with a phone in their pocket." Sportradar also agreed to a prediction markets partnership with Kalshi in early June, signaling growing institutional interest in the sector.

ADI Predictstreet plans to eventually expand beyond sports into markets spanning finance, technology and culture, according to the company. For now, the platform's success will be measured by how it handles the expected surge in user activity during the seven-week tournament, which runs from June 11 through July 19.

This article is for informational purposes only and does not constitute investment advice.