SportX Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by SportX and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 500 SportX employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that SportX has purchased the following applications: CoinSwitch Payment Platform for Payment Processing in 2019 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems SportX is running and its propensity to invest more and deepen its relationship with CoinSwitch or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing SportX revenues, which have grown to $125.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for SportX intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| CoinSwitch | Legacy | CoinSwitch Payment Platform | Payment Processing | ERP Financial Management | n/a | 2019 | 2019 |
In 2019, SportX implemented the CoinSwitch Payment Platform to automatically convert incoming cryptocurrencies into DAI for on-platform betting settlements. The CoinSwitch Payment Platform is a Payment Processing solution that established a crypto payment and conversion gateway for SportX's Toronto, Canada based betting exchange and global users.
The implementation centered on a crypto payment/conversion gateway module that captured inbound cryptocurrency deposits and executed automated conversion rules to DAI for settlement. Configuration emphasized automated routing of incoming coins into stablecoin settlement flows and reconciliation hooks to the exchange settlement ledger, enabling consistent denominated settlement in DAI across betting events.
Integrations included connections between the CoinSwitch Payment Platform and SportX's on-platform settlement engine and on-chain DAI flows to complete bet resolution and fund movements. Operational coverage spanned the payments and operations functions within the exchange, supporting deposit processing, settlement posting, and customer-facing wallet crediting for global users and the Toronto exchange.
Governance and rollout aligned platform configuration with payments operations and product teams to operationalize stablecoin settlement workflows and reconciliation. The implementation enabled faster stablecoin based settlement for the Toronto, Canada based betting exchange and SportX's global user base.
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