Looking to capitalise on heightened sporting interest during the ongoing 2022 FIFA World Cup, BetDEX is now taking real-money wagers. Operating on the Solona mainnet, the crypto-betting exchange will conduct business under a ‘beta’ tag until 2023, but interested customers can make real-money bets on the Qatar World Cup immediately. An Isle of Man-licensed company – the first blockchain-based operator …
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BetDEX secures Isle of Man licence as blockchain exchange enters beta mode.
BetDEX Labs Inc has become the first blockchain betting exchange to be granted a licence by the Isle of Man Gambling Supervision Commission (GSC). The New York and Edinburgh-based operator hailed the GSC licence approval as a new milestone towards launching online gambling’s first blockchain-built mass market betting exchange under the BetDEX domain. BetDEX is the new venture of former …
Read More »Nigel Eccles: Scotland to be home of BetDEX evolution of betting’s static scene
BetDEX the new venture of Nigel Eccles, former founder of FanDuel, has secured a $21 million seed funding round – “the largest ever seed executed by a UK start-up”. A raft of investors led by San Francisco crypto fund Paradigm and Bahamas-based cryptocurrency exchange FTX has backed Eccles to transform BetDEX into the “world’s first decentralized sports betting protocol”. Last …
Read More »Eccles returns to betting scene with decentralised BetDEX
Nigel Eccles, the co-founder of FanDuel, has announced the launch of his new business venture BetDEX Labs – a decentralised sports betting exchange built on the blockchain rails of Solana (SOL). BetDEX is co-founded by Eccles and former FanDuel senior engineers Varun Sudhakar (CEO) and Stuart Tonner (CTO). Eccles posted on LinkedIn that the venture would be welcoming FanDuel Director …
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