Unikrn wins Isle of Man crypto and real-money betting license

esports betting operator Unikrn has received a license for both cryptocurrency and real-money online gambling from Isle of Man gaming regulators.

On Tuesday, Unikrn CEO Rahul Sood published a Medium post celebrating his company’s “biggest launch since 2014,” aka “the world’s first and only blockchain-based live wagering backend with regulated real-money and crypto betting.”

Unikrn Limited is now listed as a license holder on the Isle of Man Gambling Supervision Commission website, adding to Unikrn’s real-money online gambling license from the Malta Gaming Authority. Unikrn also had an Australian permit but it died last December following the closure of Tabcorp’s Luxbet brand, on whose license Unikrn originally relied.

Sood (pictured) claims his company’s Unikrn Jet backend can handle 9,000 bets per second and passed a recent UK market test in which the platform took wagers on a UFC event using its proprietary UnikoinSilver token. Future wagering will be conducted via the UnikoinGold token the company launched last year.