Prospect Markets Executes Definitive Crypto.com Agreement for U.S. Prediction Markets Launch

Prospect Markets (TSX.V: MKT) (OTCQB: MKTSF) (FSE: DEP) announced that its 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 markets offering initially in the United States. This agreement enables Prospect Brokerage to offer event contracts through Crypto.com's regulated infrastructure, advancing Prospect's planned U.S. launch ahead of the upcoming NFL and NBA seasons.

The timing is strategic, as the broader prediction markets sector is projected by Bernstein to reach approximately $240 billion in trading volume in 2026 and approximately $1 trillion annually by 2030. This positions Prospect Markets to capitalize on the growing demand for event-based trading, particularly in sports, where its platform is natively built to turn every sports moment into a tradable market.

Prospect Markets differentiates itself by offering peer-to-peer trading on outcomes using real-time data from its second-screen experience, transforming passive viewership into active market participation. The platform is designed for sports fans, covering everything from major leagues to niche competitions.

This agreement comes amid a flurry of activity in the prediction markets and online gaming sector. DraftKings Inc. (NASDAQ: DKNG) recently expanded its relationship with Games Global, while High Roller Technologies, Inc. (NYSE: ROLR) launched its free-to-trade prediction platform ahead of its planned prediction markets product. Rush Street Interactive, Inc. (NYSE: RSI) partnered with AGS to debut Bonus Spin Xtreme(R) online. Additionally, Trump Media & Technology Group Corp. (NASDAQ: DJT), Crypto.com, and Yorkville Acquisition Corp. recently agreed to terminate their proposed business combination and related initiatives, potentially shifting dynamics in the space.

The execution of this definitive agreement is a significant milestone for Prospect Markets, as it not only validates its business model but also provides a pathway to enter the lucrative U.S. market. By leveraging Crypto.com's established infrastructure, Prospect can expedite its launch and focus on delivering its unique sports-centric prediction experience to American users.

With the NFL and NBA seasons approaching, Prospect is well-positioned to attract sports enthusiasts who are eager to engage with their favorite games in a new, interactive way. The potential for high trading volumes in the prediction markets sector further underscores the importance of this move.

As the regulatory landscape for event-based contracts continues to evolve, having a partner like Crypto.com, which operates within regulated frameworks, could provide Prospect with a competitive advantage. This agreement may also open doors for future expansions into other jurisdictions and product offerings.

For more information about Prospect Markets, visit Prospect Markets.