Esports iconEsportsJul 28, 2026

Fanatics wants to turn esports wagering into a Wall Street trading floor

If you have used Fanatics to buy an overpriced jersey, you know the sports apparel juggernaut has been aggressively taking over every corner of fan entertainment. Fanatics Markets is scooping up Water Street Labs and CX Clearinghouse, giving them direct, in-house control over the entire machinery needed to list, clear, and settle event contracts.

Fanatics wants to turn esports wagering into a Wall Street trading floor

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If you have used Fanatics to buy an overpriced jersey, you know the sports apparel juggernaut has been aggressively taking over every corner of fan entertainment.

Fanatics Markets is scooping up Water Street Labs and CX Clearinghouse, giving them direct, in-house control over the entire machinery needed to list, clear, and settle event contracts.

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The useful part

If you have used Fanatics to buy an overpriced jersey, you know the sports apparel juggernaut has been aggressively taking over every corner of fan entertainment. Fanatics Markets is scooping up Water Street Labs and CX Clearinghouse, giving them direct, in-house control over the entire machinery needed to list, clear, and settle event contracts.

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