Jesse Wachtel Named CFO, Nathan Busscher Named CPO, and Damon Mercadante Named VP of Growth Marketing as ProphetX Advances CFTC Approval

NEW YORK, May 11, 2026 /PRNewswire/ -- ProphetX, America's #1 sports prediction market, today announced the appointments of three senior executives: Jesse Wachtel as Chief Financial Officer, Nathan Busscher as Chief Product Officer, and Damon Mercadante as Vice President of Growth Marketing. The hires represent a significant expansion of ProphetX's leadership bench as the company advances its pending applications with the U.S. Commodity Futures Trading Commission (CFTC) to become the first regulated U.S. exchange and clearinghouse with a sports-native foundation, built to scale across event-driven markets.

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