
Prospect Markets to Enter US Prediction Markets Through Partnership backed by Crypto.com
Newsfile Corp
Published: Jul 07, 2026, 07:01 AM
Sentiment Analysis
Vancouver, British Columbia--(Newsfile Corp. - July 7, 2026) - Prospect Prediction Markets Inc. (TSXV: MKT) (OTCQB: MKTSF) (FSE: DEP) (" Prospect Markets " or the " Company ") is pleased to announce that it has signed a non-binding letter of intent (the "LOI") with Foris DAX FCM LLC operating as OG Broker, a registered Futures Commission Merchant (FCM) and related entity of Crypto.com . The LOI contemplates a relationship with the North American Derivatives Exchange Inc., which operates the prediction markets brands of OG Prediction Markets and Crypto.com | Derivatives North America and a clearing relationship with OG Broker intended to support the Company's planned offering of sports-based event contracts to participants in the United States (the "Partnership"). Under the Partnership, Prospect Markets will introduce US participants to CFTC regulated event contracts through OG Broker marking the Company's entry into the United States, the world's largest prediction markets opportunity. "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. Subject to the execution of definitive agreements and any applicable regulatory approvals, the parties are targeting a product launch in Q3 2026. Important Notic...
Source: Newsfile Corp
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