New York, Jan 14, 2026, 18:22 EST — After-hours.
- High Roller Technologies shares were last up about 437% after disclosing a prediction-markets tie-up linked to Crypto.com
- A filing shows the deal is still only a letter of intent, with final agreements not yet signed
- Traders are watching for definitive contracts and details ahead of a targeted Q1 2026 rollout
High Roller Technologies shares jumped about 437% on Wednesday and were last at $18.89 in after-hours trade, after the online casino operator moved into prediction markets via a Crypto.com-linked partnership. The stock swung between $12.33 and $33.68 and traded about 80 million shares, after closing at $3.52 a day earlier. 1
Prediction markets are event-based contracts that pay out if a specific outcome happens — a “yes/no” wager dressed up as a tradable instrument. They sit closer to derivatives than sportsbook lines, and the pitch is speed: short-dated bets, quick settlement, lots of churn.
For High Roller, the appeal is obvious. It’s a small public company, and a new product line tied to a bigger brand can pull in traffic fast — and, if it sticks, a new fee stream. That’s what investors are trying to price in tonight.
A securities filing showed High Roller entered a binding letter of intent on Jan. 12 with Foris DAX Markets Inc, which owns the North American Derivatives Exchange business that operates as Crypto.com | Derivatives North America. Under the LOI, the exchange would offer prediction-based derivatives contracts using technology licensed from High Roller, and the companies agreed to negotiate toward definitive agreements. 2
High Roller said the event contracts would be offered by Crypto.com | Derivatives North America, which it described as a CFTC-registered exchange and clearinghouse, and made available to customers through HighRoller.com. Chief Executive Seth Young said the company was “thrilled” to bring the product to U.S. consumers, while Crypto.com’s Travis McGhee said it aims to “expand access to event contracts” through partners. 3
The company said it is targeting a product launch in the first quarter of 2026, with Crypto.com as the exclusive provider of prediction contracts across High Roller’s distribution channels. It also warned the partnership still depends on final documentation.
The move pushes High Roller into a space that brushes up against both online gambling and retail trading. Larger listed gaming names such as DraftKings and Flutter Entertainment sit in a different weight class, but Wednesday’s reaction shows how quickly small-cap shares can re-rate on a single headline.
But the fine print matters. The filing said there is no assurance definitive agreements will be signed or that the proposed transaction will close, and prediction-style contracts can draw scrutiny depending on how they are structured and marketed.
Investors will watch for two things next: signing of definitive agreements and any timetable updates ahead of the targeted first-quarter launch. High Roller has also said a copy of the LOI will be included in its annual report for the year ended Dec. 31, 2025.
