Prospect Markets advances US prediction market rollout with Crypto.com partnership
Sep 1, 2026, 9:37 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
A concrete definitive agreement with a high-profile partner and a near-term US product launch could meaningfully de-risk the business for MKT and open a substantial revenue runway, potentially drawing attention from investors seeking growth in niche fintech sectors.
AI summary
What happened, with direct paths to the underlying reporting
Prospect Markets (TSXV:MKT) signed a definitive agreement with Crypto.com to launch U.S.-based, event-based prediction markets via Prospect Brokerage. Bernstein projects US$240B in 2026 and US$1T by 2030, signaling a multi-year growth runway. The deal positions Prospect for a 3Q2026 US launch ahead of the NFL/NBA seasons with potential material revenue upside.
Prospect Markets signs definitive agreement with Crypto.com to launch U.S. event-based prediction markets.
Agreement enables U.S. customers via Prospect Brokerage, leveraging OG Broker infrastructure.
Bernstein projects US$240B 2026, US$1T by 2030, with ~80% CAGR 2025–2030.
Prediction markets expanding beyond sports/elections to crypto, rates, inflation, data.
Launch targeted for 3Q2026 ahead of NFL and NBA seasons.
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