BetDEX Labs has announced that the BetDEX Exchange will be introducing cricket markets to the platform this week, kick-starting with the Indian Premier League (IPL).
The first fully-licensed sports betting exchange built on the blockchain will accept bets on IPL matches to coincide with the first matches of the forthcoming 2023 season. Cricket joins soccer and basketball markets currently available on the Exchange.
The launch of cricket markets via the IPL, the men’s Twenty20 cricket league in India contested by 10 teams across seven cities, has been described as a ‘key milestone’ for BetDEX, as it brings one of the world’s most popular cricket leagues to the Exchange’s community.
Last year, the IPL garnered 229 million television viewers in the first week of the season, with the league itself estimated to be one of the highest valued sports leagues worldwide.
Varun Sudhakar, CEO and Co-Founder of BetDEX, commented: “The addition of IPL on the BetDEX Exchange is an exciting milestone and a celebration of the ongoing expansion of our betting markets.
“Adding the IPL has been a key goal of the team as we continue to add more sports markets across the globe for our community.”
Since its launch on the Solana blockchain in November last year for the FIFA World Cup, BetDEX has continually upgraded and expanded its exchange. Building upon the World Cup matches and the Premier League, the exchange has since added various markets for the Bundesliga, Serie A, NFL, NBA, NCAA Basketball, and more.