ProphetX announced the nationwide consumer launch of its event-contract exchange on June 18, 2026, after receiving federal exchange and clearing registrations.
ProphetX announced on June 18, 2026, that its consumer prediction-market platform had launched nationwide.
The company release said the launch followed federal approvals for ProphetX to operate as a designated contract market and derivatives clearing organization.
ProphetX described a direct exchange model for event-based contracts. Under that model, users trade with one another, while the platform handles trading, clearing and settlement and charges commissions.