Prospect Markets Joins CFTC-Regulated Exchange in US Expansion Bid
Prediction market platform Prospect Markets has taken a significant step in its U.S. expansion by becoming a member of Crypto.com | Derivatives North America (CDNA), a CFTC-regulated exchange.
The membership, announced on August 24, grants Prospect Trading USA LLC direct access to CDNA's exchange and supports the buildout of the company's Institutional Trading division.
Prospect Markets' Founder and Chief Executive Officer Johnny Chen described the membership as an 'important milestone' for the company, stating that it will deepen its role in the U.S. prediction markets ecosystem.