Underdog and Plaee Partner to Power New Prediction Market Venues
Operators offering prediction markets through Plaee’s white-label, turnkey stack can now access event contracts and liquidity from Underdog’s CFTC-regulated Exchange
Tel Aviv, Israel, November 11 2026: Underdog and Plaee today announced a strategic technology partnership bringing together Underdog’s CFTC-regulated exchange, with Plaee’s turnkey prediction market infrastructure. Through the partnership, operators can now launch a regulated prediction market business in weeks, streamlining the build-out of the required technology and regulatory stack.
Through a single integration with Plaee, Underdog has a scalable path to onboarding operators to their CFTC-regulated exchange. Plaee provides operators a turnkey tech stack: white-label trading experience, exchange connectivity, and back-office tools to manage funding flows, trader retention and monetization. Together, the companies give operators a seamless path onto Underdog’s Exchange.
Operators using Plaee’s infrastructure can add CFTC-regulated event contracts to their existing trading platform, or stand up a new prediction market brand, on timelines measured in weeks rather than months.
“We’re proud to partner with Plaee, bringing together their prediction market infrastructure with our exchange,” said Nick Lundgren, Chief Legal Officer at Underdog. Our strategic partnership aims to accelerate our B2B business, by increasing the speed and ease with which operators can launch their own prediction markets.”
“We created Plaee to help operators quickly launch prediction markets while avoiding the long product and regulatory build-out” said Leon Okun, co-founder and CEO of Plaee “Our partnership with Underdog gives operators a proven, regulated exchange partner integrated with our turnkey infrastructure, allowing them to launch a complete prediction markets business in weeks, not months.”
What Underdog Provides
Underdog’s prediction markets business is built on two CFTC-registered entities:
- Aristotle Exchange DCM/DCO, Inc. d/b/a Underdog Exchange (UDX) — a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO).
- UDM, LLC d/b/a Underdog Predict — a registered Futures Commission Merchant (FCM).
That combination lets customers and partners trade federally regulated event contracts — including sports, culture, finance and other outcomes — while Underdog’s entities handle exchange, clearing, and FCM functions. Plaee’s operator clients do not need to separately register as a DCM, DCO, or FCM to offer access through this partnership.
How the Integration Works
Underdog Exchange will be available inside Plaee’s Prediction Trader interface and PlaeeOS backend for Plaee’s operator clients.
ABOUT UNDERDOG
Founded in 2020, Underdog’s mission is simple: make sports more fun by building products focused on what fans actually want. The company offers sports prediction markets, fantasy sports games, and an industry-leading breaking-news operation — all designed to deepen how fans experience the games they love. Built for fans, by fans. Visit underdogsports.com.
ABOUT PLAEE
Plaee develops turnkey, white-label infrastructure for prediction markets. Operators use Plaee’s complete tech stack to offer event contracts across multiple jurisdictions, connect to CFTC-regulated exchanges, and leverage Plaee’s customer intelligence technology to manage their business. Plaee’s product suite includes Prediction Trader, SimTrader, PlaeeOS and Plaee Markets. Learn more at plaee.com.
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