Prediction market platform Underdog has entered a partnership with Zero Hash to integrate cryptocurrency and stablecoin deposits. The service is scheduled to launch later this year and will allow eligible users to fund their accounts directly through the Underdog application.
The new feature aims to provide near-instant transfers available around the clock. It will operate alongside existing payment methods, such as bank transfers, Apple Pay, and debit or credit cards. Users will not be required to manage wallet addresses or select specific blockchain networks.
Underdog has not yet disclosed the list of supported digital assets. The company, founded in 2020, currently reports over 11 million registered accounts. In July, IG Group agreed to acquire Underdog in a deal valued at up to $1.3 billion, with completion expected by late 2026 or early 2027.
Trading volume on the platform reached $1.4 billion during the 30-day period ending October 21. This figure represents a 133% increase compared to the previous month. Despite this growth, Underdog remains behind competitors like Kalshi and Polymarket in total volume.
