Underdog crypto deposits are expected to launch for eligible users later in 2026 through a partnership with infrastructure provider zerohash announced on October 22. The prediction-market operator plans to let customers fund accounts with supported cryptocurrencies and stablecoins directly inside its app.
Key Takeaways
- The funding option is planned for later in 2026, rather than available now.
- The integration is designed to provide near-instant deposits around the clock.
- Underdog has not identified the cryptocurrencies or stablecoins it will support.
Table of Contents
- How Underdog crypto deposits would work
- Supported assets and eligibility remain unspecified
- Rollout comes ahead of a planned ownership change
- Conclusion
How Underdog crypto deposits would work
The planned in-app funding integration will use zerohash’s infrastructure to move supported digital assets into eligible customers’ Underdog accounts. Users will not need to manage wallet addresses or select blockchain networks during the deposit process.
The companies say the service is designed to support near-instant funding 24 hours a day, including weekends and evenings. The practical change is an additional way to put money into an account when customers want to participate in live prediction markets or fantasy contests.
Arthik Adla, Underdog’s head of payments, said the partnership is intended to give customers greater funding choice and faster access. Those capabilities remain planned features, not evidence that the service has already launched.
| Item | Details |
|---|---|
| Existing card funding | Debit and credit cards |
| Other existing funding methods | Apple Pay and bank transfers |
| Exchange infrastructure | Underdog says it wholly owns and operates a Designated Contract Market, Derivatives Clearing Organization and Futures Commission Merchant. |
Supported assets and eligibility remain unspecified
The announcement does not provide a precise launch date or identify which cryptocurrencies and stablecoins will be accepted. It limits the planned rollout to eligible users without detailing the full eligibility criteria.
Crypto funding will supplement existing payment methods rather than replace them. The announcement concerns account deposits; it does not announce cryptocurrency withdrawals or trading in the deposited assets.
Rollout comes ahead of a planned ownership change
Founded in 2020, Underdog has more than 11 million registered accounts, according to IG Group. IG agreed in July 2026 to acquire the company in a transaction worth up to $1.3 billion.
That acquisition is expected to close in late 2026 or early 2027. The crypto-funding rollout and the acquisition are separate planned developments, and neither should be treated as completed.
Conclusion
The next milestone for Underdog crypto deposits is the planned rollout later in 2026. A launch announcement would need to establish when eligible customers can use the service and which assets it accepts.
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Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
