NEW YORK, June 11, 2026 /PRNewswire/ -- ProphetX, America's first sports-native prediction market, today announced that the U.S. Commodity Futures Trading Commission (CFTC) has approved its applications to register as a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO). With these CFTC licenses, ProphetX is poised to become the first sports-native, direct-clearing prediction market to launch and operate in full compliance with the CFTC's DCM and DCO regulatory framework. The approvals follow Prophet's submission of its DCM and DCO applications in November 2025, as well as its April 2026 comment letter responding to the Commission's Advance Notice of Proposed Rulemaking on Prediction Markets.
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