Prospect Markets Abandons AI Project, Focuses on US Entry with Crypto.com

Prospect Markets Inc., the company behind the prediction market platform built natively for sports, has announced it will focus on its US launch alongside Crypto.com. The decision comes after Prospect Markets terminated a legacy agreement with an arm's-length technology provider to develop and license an artificial intelligence liquidity-management tool.

The termination of the services agreement allows Prospect Markets to direct its full focus and financial resources towards entering the US prediction markets, building out its complementary market-making business, and launching its consumer trading platform.

Prospect Markets has signed a letter of intent with Foris DAX FCM LLC, operating as OG Broker, a registered Futures Commission Merchant (FCM) and related entity of Crypto.com. The partnership aims to introduce US participants to CFTC-regulated event contracts through OG Broker's licensed infrastructure.

The Company believes that the US market represents an addressable opportunity exceeding $1 trillion in annual trading volume. Subject to the execution of definitive agreements and any applicable regulatory approvals, Prospect Markets is targeting a product launch in Q3 2026.