The world’s leading skill-games sponsorship company, YouStake, is taking the next leap in their evolution by applying for a Crowdfunding Portal license to enable them to widen their scope of games.

YouStake is in the process of registering with the Financial Industry Registry Authority (FINRA) and the Securities and Exchange Commission in their bid to gain a crowdfunding portal license.

FINRA is a not-for-profit organisation, operating separately from the US government but authorised by Congress to protect American investors from being ripped off by dodgy companies. The SEC is an arm of the government looking to achieve the same goal.

The new licensure will see YouStake become the first crowd funders to offer verticals across a wide variety of sports. The website currently advertises markets in cards, bowling, drone racing, eSports, golf, MMA and tennis, although poker tournament sponsorship is currently taking a brief hiatus while they apply for the license.