ProphetX Partners with Agg Market to Expand Sports Prediction Markets on Solana
ProphetX, the first CFTC-regulated sports-native prediction market in America, has partnered with Agg Market to bring its full suite of event contracts onto the Solana blockchain. This integration allows traders and developers within the Solana ecosystem access to ProphetX's regulated markets without altering contract terms or settlement processes. The partnership leverages Agg Market’s infrastructure to connect onchain users with prediction market liquidity, marking a significant step in integrating federally supervised markets with decentralized platforms. All ProphetX contracts are now accessible via Agg Market through standalone products or broader APIs, subject to availability and restrictions. ProphetX was originally state-licensed but pivoted toward sports predictions after regulatory clarity allowed it to focus on event-driven trading under federal oversight. The integration supports Solana’s Builder Grants Program, which aims to fund new decentralized applications built using ProphetX's prediction markets.
Topics: blockchain integration CFTC regulation prediction markets Solana ecosystem