ProphetX Partners with Plaee to Streamline Operator Onboarding for Prediction Markets
ProphetX, the first federally regulated sports-native prediction market in America, has partnered with Plaee, a leading technology provider for prediction markets. This collaboration enables ProphetX to scale and accelerate onboarding of new distribution operators by leveraging Plaee's white-label trading interface, CRM system, and risk controls. Through this integration, operators can connect to ProphetX’s exchange quickly without custom builds, allowing them to launch or expand their prediction market offerings efficiently. Plaee provides a full-stack solution that includes Prediction Trader for trading access and PlaeeOS for personalization and monetization tools. The partnership aims to reduce barriers such as product development time, liquidity access, and regulatory compliance for operators seeking to enter the prediction markets space. ProphetX handles clearing, custody, market operations, and core regulatory functions under its Partner Distribution Program. The integration is currently in beta testing and will be available within Plaee's platform for operator clients.
