# Underdog Plans Crypto Deposits for Prediction-Market Accounts

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/38858
Published: 2026-10-23T09:11:30.000Z
Updated: 2026-10-23T09:11:30.000Z
Section: Business

> The service is expected later in 2026; supported assets have not been named.

Underdog plans to let eligible prediction-market users fund their accounts with cryptocurrency and stablecoins, adding a digital-asset option to its app as trading volume rose 133% in the latest 30-day period.

Underdog partnered with crypto infrastructure provider zerohash to introduce the deposits. The company expects the option to launch later in 2026, with transfers designed to work around the clock and arrive near instantly.

Users would make deposits through the Underdog app. They would not need to manage wallet addresses or select a blockchain network. Underdog has not named the cryptocurrencies or stablecoins the service will support.

The digital-asset option would join debit and credit cards, Apple Pay and bank transfers among the ways users can fund accounts.

Underdog recorded $1.4 billion in trading volume over the 30-day period ending Oct. 21, a 133% increase from the prior period. Its total trailed Kalshi’s $81.5 billion and Polymarket’s combined $17.2 billion across its U.S. and international platforms.

The plans come as IG Group pursues its [planned acquisition of Underdog, valued at up to $1.3 billion](<https://www.tokenpost.com/news/business/38176>). The deal is expected to close in late 2026 or early 2027.



## Links in this article

- [planned acquisition of Underdog, valued at up to $1.3 billion](https://www.tokenpost.com/news/business/38176)
