March 16, 2026
Willkie attorneys are advising Aristotle Exchange DCM, Inc. and Aristotle Exchange DCO, Inc., a Commodity Futures Trading Commission-registered Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO), respectively, in their sale to Underdog, a leading private sports company.
Underdog recently announced its purchase of the Aristotle Exchange DCM and DCO entities, an acquisition that enables Underdog to offer its own federally compliant prediction market exchange. Underdog, the first sports gaming operator to offer access to sports prediction markets in its app, will continue to expand its prediction offerings under its own exchange.
The team of Willkie lawyers working on the matter are led by partner Christopher Forrester and include partner Rachel Kim and counsel Patrick Fischer.
