Mr. Johnny Chen reports
PROSPECT MARKETS EXECUTES DEFINITIVE AGREEMENT WITH CRYPTO.COM, TARGETING U.S. MARKET EXCEEDING $1 TRILLION IN ANNUAL TRADING VOLUME
Prospect Prediction Markets Inc.'s indirect wholly owned subsidiary, Prospect Brokerage USA LLC, has executed a definitive agreement with OG Prediction Markets and Crypto.com -- Derivatives North America -- to launch an event-based prediction market offering, initially in the United States. The agreement enables Prospect Brokerage to offer OG.com and CDNA's event contracts in the United States, marking the company's entry into the rapidly emerging prediction market sector and creating a new strategic growth opportunity in sports-native prediction markets.
The agreement follows the previously announced letter of intent with Foris DAX FCM LLC (operating as OG Broker) and represents the transition from that non-binding framework to a definitive, binding agreement.
A rapidly growing market
The prediction market sector is expanding at an extraordinary pace. Combined monthly trading volume across the largest platforms rose from under $5-billion (U.S.) in September, 2025, to approximately $25.7-billion (U.S.) in May, 2026. In June, 2026, the sector reached a new record, surpassing $50-billion (U.S.) in monthly notional volume as the 2026 FIFA World Cup and NBA Finals drove a wave of event contract activity.
Sports has been the leading category and the primary entry point for mainstream adoption. During June, 2026, sports contracts accounted for approximately 85 per cent of trading volume on the sector's largest platform, and prediction markets captured an estimated 27 per cent of all legal U.S. sports-betting volume during the World Cup, up from approximately 9 per cent at the start of the year.
Wall Street research firm Bernstein estimates that total prediction market volumes will reach approximately $240-billion (U.S.) in 2026, representing a 370-per-cent increase over 2025, and could scale to approximately $1-trillion (U.S.) annually by 2030, reflecting a compound annual growth rate of roughly 80 per cent. Bernstein attributes this projected growth to increasing federal regulatory clarity, mainstream distribution partnerships and institutional adoption driving increased liquidity.
These industry-wide trends represent the market opportunity that Prospect Markets is positioning to address through its sports-native platform and U.S. market access.
"Formalizing this definitive agreement with Prospect is a major step in expanding access to fully regulated, event-based prediction markets across the U.S.," said Steve Humenik, chief legal officer, OG, and executive vice-president and global head of legal for Prediction and capital markets of Crypto.com. "As mainstream demand for sports-native prediction contracts continues to surge, leveraging our CFTC-registered clearing and exchange infrastructure allows us to deliver a secure, compliant and highly liquid venue for fans and traders alike ahead of the upcoming sports season."
"Executing a definitive agreement with Crypto.com is a company-defining milestone for Prospect, and one we set our sights on this year," said Johnny Chen, founder and chief executive officer of Prospect Markets. "I want to credit our team and our partners at Crypto.com, who worked tirelessly to get it over the line. The agreement clears the way for Prospect to launch, on-board users and generate revenue. We intend to be live for sports fans ahead of the upcoming NFL and NBA seasons."
Agreement summary
Under the terms of the agreement, event contracts offered by CDNA, a CFTC-registered designated contract market and derivatives clearing organization will be made available to customers through Prospect Brokerage. Prospect Brokerage, a CFTC-registered introducing broker, will introduce U.S. customers to these event contracts pursuant to a relationship with Crypto.com's CFTC-registered futures commission merchant, Foris DAX FCM LLC (operating as OG Broker).
The agreement establishes Crypto.com and its affiliates as providers of prediction market contracts across Prospect Brokerage's distribution channels in the U.S. and is expected to create new revenue streams for the company. The partnership will offer customers the opportunity to trade sports event contracts through a legal, regulated and user-friendly platform. Prospect Markets is targeting a U.S. product launch in the third quarter of 2026, ahead of the coming NFL and NBA seasons. Following execution of the agreement, the company intends to provide further updates regarding its product, brand, launch timing and marketing initiatives.
About Prospect Prediction Markets Inc.
Prospect Markets is the prediction market platform built natively for sports. From the world's largest leagues to niche competitions, Prospect turns every sports moment into a tradable market. Fans trade peer to peer on outcomes using real-time data from their second-screen experience, which transforms passive viewership into active market participation.
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