ProphetX and Pikkit Join Forces to Offer Federally Regulated Sports Prediction Markets

ProphetX and Pikkit have formed an alliance to offer federally regulated sports prediction markets. Pikkit community will access federally regulated sports prediction markets by ProphetX.

ProphetX operates as a true exchange offering a two-sided marketplace where sellers and buyers determine the prices and trades are executed via CFTC-regulated derivatives contracts. Pikkit community will access the ProphetX prediction market exchange.

Prediction market trading will be completed via an integration with Pikkit and become available to eligible users in applicable U.S. jurisdictions. Initially, prediction markets will cover popular professional sports like the NBA, NFL and international soccer.