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Prospect Markets Partners with OG Prediction Markets for U.S. Launch
Prospect Prediction Markets Inc. has announced a definitive agreement with OG Prediction Markets and Crypto.com to facilitate the distribution of sports event contracts in the United States. The agreement, finalized on September 1, 2026, allows Prospect's U.S. subsidiary, Prospect Brokerage USA LLC, to operate under the oversight of the Commodity Futures Trading Commission (CFTC). This strategic move is timed to coincide with the upcoming NFL and NBA seasons, which typically see a surge in sports trading volume.
The partnership aims to leverage existing regulated infrastructure, enabling Prospect to enter the market without the need to establish a licensed exchange from scratch. OG Prediction Markets, which launched in New York in June 2026 with NBA player OG Anunoby as its ambassador, will provide the underlying platform and contracts for the event trading. Crypto.com will also contribute to the distribution of event contracts, enhancing the offerings available to users.
The prediction market sector has experienced significant growth, with monthly trading volumes on major platforms increasing from below $5 billion in September 2025 to over $50 billion by June 2026. Sports contracts have been a major driver of this growth, accounting for approximately 85% of trading activity. Bernstein analysts project that global prediction market volumes could reach $240 billion in 2026 and potentially exceed $1 trillion by 2030, highlighting the lucrative potential of this market.
Source: KLEA News