Vermiculus to Deliver 24/7 Clearing System for Prediction Markets

Vermiculus, an independent technology provider for market infrastructure, has been selected by a leading global crypto exchange to deliver a VeriClear-based clearing solution for prediction markets.

The engagement covers a VeriClear solution tailored for event-contract markets, including clearing, post-trade processing, collateral handling, and digital asset settlement at high transaction volumes. The system provides operational controls and post-trade integrity required for regulated market infrastructure.

'Prediction markets require a clearing model with specific post-trade characteristics,' said Chris Dorougidenis, COO at Vermiculus. 'This engagement reflects the growing demand for solutions that combine fully collateralized event-contract clearing with the operational robustness and control expected from modern market infrastructure.'