Prospect Markets opens its sports prediction platform to US customers

Prospect Prediction Markets Inc. opened its sports prediction markets platform to customers in the United States on November 12, 2026. From that day, eligible US customers can open an account, fund it and trade event contracts at prospectmarkets.com, the company announced in a press release on Newsfile. The company, which trades as MKT on the TSX Venture Exchange, MKTSF on the OTCQB and DEP in Frankfurt, describes the step as its transition from build to commercial operations.

The launch follows an invitation-only soft launch that began in September 2026. During that period, Prospect tested account registration, identity verification, geolocation, funding, market discovery, order entry, settlement, withdrawals and customer support under live conditions.

Founder and chief executive Johnny Chen set out the next phase in the release: “With the launch behind us, our focus turns to scale: growing our user base, expanding our markets, and establishing Prospect as the sports-native platform in prediction markets.”

How the platform is built

Prospect does not run its own exchange. Its event contracts are listed, priced and cleared by North American Derivatives Exchange, Inc., which does business as Crypto.com | Derivatives North America (CDNA), a CFTC-regulated exchange and clearinghouse. Prospect Brokerage USA LLC, an introducing broker registered with the CFTC and a member of the National Futures Association, introduces customers to Foris DAX FCM, LLC, which does business as Crypto.com FCM.

That structure came together over the summer. On August 27, 2026, Prospect announced that Prospect Brokerage, an indirect wholly owned subsidiary, had been approved for NFA membership and registered with the CFTC as a guaranteed introducing broker under a guarantee agreement with Foris DAX FCM. On September 1, it announced a definitive agreement with OG Prediction Markets and CDNA that lets Prospect Brokerage offer their event contracts in the US, turning an earlier non-binding letter of intent with Crypto.com’s FCM into a binding deal.

As of November 12, 2026, the NFA’s BASIC registry lists Prospect Brokerage USA LLC of McKinney, Texas (NFA ID 0578850) as an approved NFA member registered as an introducing broker, with no regulatory actions shown.

The September announcement set a target of a US product launch in the third quarter of 2026, ahead of the NFL and NBA seasons. The commercial launch came on November 12, with the NFL and college football seasons in progress and the NBA, college basketball and NHL seasons under way.

Prospect follows a similar route to the one High Roller took when it launched ROLR on October 21: a consumer brand offering CDNA event contracts through its own guaranteed introducing broker, after an invitation-only beta.

A sports-only pitch

Prospect presents itself as built natively for sports. Its release contrasts the product with general-purpose prediction platforms that treat sports as one category among many, and describes a data-rich, second-screen interface that shows real-time information and markets while games are in progress. It aims to cover niche competitions as well as the largest leagues, and fans trade peer-to-peer on outcomes.

The company points to sector volume as the backdrop. It cites DeFi Rate figures putting US prediction market volume at $120.73 billion in October 2026 across eight exchanges, up 64.1% from $73.58 billion in September. It also cites a Bloomberg report of a record $22.2 billion in combined weekly volume on the sector’s two largest platforms in October, driven by NFL and college football.

What it means for traders

The offer comes with limits. It is not available in all states, and customers must be 18 or older and US residents. Among its stated risks, the release lists the chance that event contracts may be characterized as gaming or otherwise restricted under state law, and Prospect’s dependence on CDNA, its futures commission merchant and its data providers. The company behind CDNA is already in that dispute: North American Derivatives Exchange sued Missouri officials in October and Arkansas officials on November 9 over its event contracts.

Its forward-looking statements cover the availability and timing of mobile apps and when the platform will begin contributing revenue, and the release gives no user or revenue figures. For US traders, Prospect adds a new sports-focused front end rather than a new exchange: the contracts are CDNA’s, cleared by CDNA, with customers introduced to Crypto.com’s FCM.

Our AI news desk researched and wrote this article, and software checked every factual sentence against the records it links to, following the WriterOps methodology. Report an error.