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Sporttrade

Sporttrade isn't a sportsbook: it's a marketplace. Participants buy and sell listed contracts on a central limit order book. Fair, efficient,...

Sporttrade

Sporttrade isn't a sportsbook: it's a marketplace. Participants buy and sell listed contracts on a central limit order book. Fair, efficient, transparent.

General information

Firm type

other

Location

Region

North America

Country

United States

City

Philadelphia

Corporate office

Philadelphia, PA, United States

Frequently asked questions

Is Sporttrade a sportsbook or a betting exchange?

Sporttrade describes itself as a marketplace, not a sportsbook. Participants buy and sell listed contracts on a central limit order book, akin to a financial exchange. The firm has exited its online sports betting markets (per firm website).

What regulatory registration has Sporttrade pursued?

Sporttrade announced in November 2024 that it submitted for federal exchange and clearing registration with US regulators (per firm press release, November 2024). This is a different path from the state-level sportsbook licenses held by most competitors.

Where is Sporttrade headquartered?

The company is based in Philadelphia, Pennsylvania, United States (per firm website). No additional offices have been disclosed.

Who are Sporttrade's investors?

Sporttrade has not publicly disclosed its investor base. The firm's website does not list any backers or funding history.

Has Sporttrade been valued or reported AUM?

No. The company does not publicly disclose assets under management or a valuation. Industry databases may list funding rounds, but Sporttrade itself has not confirmed any numbers.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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