Prospect Markets Finalizes Agreement with Crypto.com to Enter US Sports Prediction Market

Prospect Markets Finalizes Agreement with Crypto.com to Enter US Sports Prediction Market

N
News Editor
2026-09-01 12:07:50
Prospect Markets, through its wholly-owned indirect subsidiary Prospect Brokerage USA, has signed a definitive agreement with OG Prediction Markets and Crypto.com's Derivatives North America (CDNA) to launch a sports-focused prediction market platform in the United States, targeting a Q3 2026 launch. Under the agreement, Prospect Brokerage will offer event contracts provided by CDNA to U.S. users, with services facilitated by OG Broker, a CFTC-registered futures commission merchant owned by Crypto.com. The move positions Prospect Markets to enter the rapidly growing prediction market sector. Data shows that monthly trading volumes across major global prediction markets surged from under $5 billion in September 2025 to approximately $25.7 billion in May 2026, and exceeded $50 billion in June 2026. Sports contracts account for about 85% of trading volume on leading platforms. Bernstein estimates that global prediction market volumes could reach approximately $240 billion in 2026 and potentially exceed $1 trillion by 2030.

Agreement Details

Prediction market firm Prospect Markets announced on September 1 that its wholly-owned indirect subsidiary, Prospect Brokerage USA, has signed a definitive agreement with OG Prediction Markets and Crypto.com's Derivatives North America (CDNA) to launch a sports-focused prediction market platform in the United States, targeting a Q3 2026 launch.

Under the terms, Prospect Brokerage will offer event contracts issued by CDNA to U.S. users, with services facilitated through OG Broker, a CFTC-registered futures commission merchant owned by Crypto.com. Prospect Markets said the partnership positions the company to enter the fast-growing prediction market sector and tap into new revenue streams.

Market Growth and Projections

Data shows a rapid surge in monthly trading volumes across major global prediction markets: from under $5 billion in September 2025 to approximately $25.7 billion in May 2026, and breaking $50 billion in June 2026. Sports contracts account for about 85% of trading volume on leading platforms.

Bernstein projects that global prediction market volumes could reach approximately $240 billion in 2026 and potentially exceed $1 trillion by 2030. The move marks Prospect Markets' official entry into the U.S. market, leveraging Crypto.com's regulatory infrastructure to capture the sports prediction segment.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
600

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.