High Roller stock more than doubles on prediction markets partnership with Crypto.com

The announcement comes as an increasing number of companies move into prediction markets, an industry that is estimated to grow to $1 trillion by 2030 What to know : High Roller Technologies shares surged as much as 130% after the company said it planned to introduce a U.S. event-based prediction market in partnership with Crypto.com. The platform will initially offer Crypto.com Derivatives North America event contracts on finance, sports and entertainment, though the companies did not disclose a launch date. High Roller and industry analysts say prediction markets, already generating more than $3 billion in annualized revenue, could exceed $1 trillion in trading volume and $10 billion in revenue by 2030.