Crypto.com hires sports trader for event prediction market-making

Crypto exchange Crypto.com has announced plans to recruit a new employee for its market-making team on the firm’s prediction marketplace, according to Bloomberg.

The hiring push comes as crypto exchanges are developing at the intersection of digital asset trading and event prediction, amid evolving crypto regulations.

The Singapore-based company posted a listing for a “quant trader” who will focus on buying and selling financial contracts tied to the outcome of sports events.

A sports prediction market trader operates at the intersection of data analytics, financial expertise, and a passion for sports. The role involves market-making in prediction contracts, leveraging understanding of both sports and market dynamics to maximize profits…

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