Just when you thought the prediction market land grab couldn’t get any busier, another player has entered the chat. Prospect Markets says it plans to launch in the U.S. through a non-binding partnership with Crypto.com-backed OG Broker, giving it access to CFTC-regulated infrastructure if all the pieces fall into place. The company is targeting a Q3 launch and has its eyes on sports event contracts, because apparently every sports moment now deserves its own market. It’s still early days—the agreement isn’t final—but the queue of companies hoping to grab a slice of America’s prediction market boom just got a little longer.
“Partnering with OG Broker is the moment Prospect goes from vision to reality in the US. Our mission is to make every sports moment tradable, and this gives us the infrastructure to prove it at the scale the American market demands.” – Johnny Chen, Founder and CEO, Prospect Markets
“We are excited to partner with Prospect Markets as they look to enter the growing US prediction market landscape. This partnership underscores our commitment to expanding a compliant digital asset and derivatives ecosystem that offers U.S. participants unparalleled trust and transparency.” – Steve Humenik, Chief Legal Officer, OG and EVP and Global Head of Legal for Prediction and Capital Markets of Crypto.com.
