Matchbook repackages exchange to power prediction markets

Matchbook has repackaged its betting-exchange platform to host multiple licensed prediction-market brands. The platform now powers ADI PredictStreet’s FIFA 2026 hub and easyBet Predictions and is part of a US plan through a partnership with RSBIX, which has a pending CFTC Designated Contract Market (DCM) application.

Matchbook operates under licenses in Alderney and the UK and is run by Triplebet Limited. Its portfolio includes the Matchbook Exchange & Casino across several markets, easyBet Predictions in the UK and Ireland, and a co-branded ADI PredictStreet hub created for FIFA’s official prediction partner during the 2026 World Cup.

The company uses an exchange model that depends on high volume and low margins. It charges commission on matched bets: 2% on net winnings for customers in the UK, Ireland, the Channel Islands and the Isle of Man, and 4% elsewhere. Matchbook’s platform processes more than 500 million API requests a day and handles billions of dollars in transactions annually. Its technology arm, Xanadu Consultancy, employs more than 100 staff across Cork, London and Italy and generates roughly $15 million a year in services revenue. The business is privately held and does not publish headline revenue or profit figures.

Regulatory history is part of Matchbook’s record. In 2020 regulators suspended Triplebet’s licence and imposed a £739,000 fine for anti-money-laundering and social responsibility failures. The licence was later restored after remediation and investment in compliance systems.

Rather than competing directly for mass-market retail customers, Matchbook offers its matching engine, liquidity and regulated framework to other brands. In the UK, Ireland, Canada and Brazil, ADI PredictStreet markets run on Matchbook’s proprietary platform and are operated by Matchbook. The company confirmed that ADI PredictStreet’s blockchain or crypto solutions are not used in the current technical stack.

ADI PredictStreet’s markets are smaller than the largest global platforms and experienced user complaints during the World Cup related to prize fulfilment and payout speed. Commercial terms between Matchbook and partner brands remain confidential. Matchbook provides services on a range of commercial models, from fully serviced platform provision to white-label arrangements.

Matchbook’s US strategy involves a partnership with RSBIX LLC, a venture linked to gaming attorney Jeff Ifrah. RSBIX applied to the Commodity Futures Trading Commission in September 2025 for a DCM licence. Approval of a DCM would permit trading of event contracts in the United States. Matchbook described its low-latency matching technology as a competitive asset and referred to the platform as “second to none” after two decades of development.

The prediction-market sector has grown rapidly. Monthly volumes rose from under $5 billion in mid-2025 to about $24 billion by April 2026 and increased further during the 2026 World Cup, when combined volumes on major platforms reached tens of billions in a single month. Several large platforms now account for the bulk of trading volume, and multiple operators have sought or obtained DCM designations.

Matchbook traces its origins to 2004 and was acquired into the Triplebet vehicle in 2011 by a group of investors that include Zeljko Ranogajec. Historically a smaller rival to larger exchanges, Matchbook has attracted professional bettors and offered competitive pricing during recent football seasons because of its low commission structure.

Matchbook currently supplies matching technology and regulated rails to a set of international brands that run regulated prediction markets on its platform. Its future activity in the US will be subject to the outcome of the pending CFTC application and to partner growth in those markets.