ProphetX, a CFTC-designated sports prediction market that is also building a B2B business to sell its exchange infrastructure to other companies, raised $35M
THE SO WHAT
A CFTC-designated sports prediction market selling its exchange rails B2B is a regulatory and technical wedge for broader event markets. If you’re in fintech or risk, this is a cue to explore whether licensed prediction infra can underwrite new pricing, hedging, or engagement products before incumbents normalize it, per Axios at https://www.axios.com/pro/fintech-deals/2026/07/28/prophetx-35m-b2b-prediction-markets.
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