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ProphetX Obtains CFTC Approval to Operate America’s First Federally Regulated Sports-Native Exchange

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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.

“This approval positions ProphetX to become the first sports-native direct-clearing prediction market in the United States,” said ProphetX CEO and Co-Founder Dean Sisun. “We can now expand our best-in-class sports event market offerings to millions of Americans across the country while competing on a level regulatory playing field. ProphetX thanks CFTC Chairman Selig for his leadership and the Commission’s staff for their work throughout the application process, and we look forward to helping shape the future of prediction markets.” 

By obtaining dual registration as a DCM and DCO, ProphetX intends to operate a vertically integrated marketplace that allows users to directly trade, clear, and settle event-based contracts under comprehensive CFTC oversight.

ProphetX’s regulated market structure includes a proprietary Request for Quote (RFQ) Parlay Mechanism, which enables users to construct and price multi-event combinations directly with counterparties. The mechanism mirrors institutional trading protocols used in traditional financial markets, delivering flexibility, transparency and competitive pricing to event-based contracts.

ProphetX’s eight-year regulatory journey began in the United Kingdom in 2018, where it was licensed as a peer-to-peer marketplace for sports event trading. The company was building exchange infrastructure for sports-based contracts years before U.S. prediction markets entered the sports event contract space. Today’s CFTC approval positions ProphetX to further advance its market-leading platform, drive innovation, and expand its presence in the rapidly growing prediction markets industry.

About ProphetX:
Founded in 2018, ProphetX is America’s first sports-native prediction market. The company is a regulated U.S. exchange for event-driven contracts, built on a sports-native foundation and designed to expand across a broad range of event markets. Its mission is to create the world’s most trusted and innovative marketplace where anyone can participate in event outcomes.

Media Contact:
ProphetX Newsroom
press@prophetexchange.com
http://www.prophetx.co/lobby

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SOURCE ProphetX

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YPTC Philadelphia Named #1 Best Place to Work in 2026!

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PHILADELPHIA, July 28, 2026 /PRNewswire/ — Your Part-Time Controller, LLC (YPTC) has been named the 2026 #1 Best Place to Work by the Philadelphia Business Journal. Announced on July 23rd at the publication’s in-person awards event, YPTC was recognized as the top-ranking company in the “Large Business” category. 

To generate its list of local honorees, the Philadelphia Business Journal worked with Quantum Workplace to distribute comprehensive surveys where employees measured the strength of their organization’s leadership, culture, benefits, and more.

For over 15 years in a row, YPTC has been recognized as a Best Place to Work in Philadelphia and was named #1 in 2021, 2023, and 2025. Nationally, YPTC was recognized by Accounting Today as the #1 Best Firm to Work for in 2025 and ranked #59 in the Top 100 firms in 2026. YPTC was also ranked the #2 Best Place to Work for Women in 2025.

Philadelphia is home to an incredible nonprofit community, and we’re proud to support so many organizations making a difference throughout the city and the region,” said Carole Melvin, YPTC Regional Director. “Being named a Best Place to Work reflects our commitment to creating a workplace where talented people can thrive while helping our clients strengthen their missions. I’m incredibly proud of our people and grateful for the positive impact they make for one another, our clients, and the communities we serve.” 

Read the full article to learn more about YPTC Philadelphia’s Best Place to Work recognition and see the full list of winners.

YPTC is hiring! If you’re an accounting professional seeking flexible and purpose-driven work, visit our Careers page to see our open positions.

About YPTC 
YOUR PART-TIME CONTROLLER, LLC (YPTC) is a national accounting firm with over thirty years of experience building stronger nonprofits. YPTC offers specialized nonprofit accounting services, including fractional/outsourced CFO, accounting and month-end financial management, financial planning and analysis, and grant management and compliance. Support, flexibility, and transformation mark our overall approach; we meet clients wherever they are. As a trusted thought partner, YPTC allows nonprofits to focus on what matters: furthering the mission of the organization. For more information, please visit our website www.yptc.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/yptc-philadelphia-named-1-best-place-to-work-in-2026-302836665.html

SOURCE Your Part-Time Controller, LLC

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OSC finds growing awareness, ownership and optimism toward crypto assets

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TORONTO, July 28, 2026 /CNW/ — The Ontario Securities Commission today published the results of a survey that shows awareness and ownership of crypto assets among Canadians are on the rise. The survey of 2,360 Canadians found that 59 per cent are aware of crypto assets, while ownership has increased to 25 per cent.

Crypto markets continue to evolve, and Canadians are participating in them more than ever before,” said Naizam Kanji, Executive Vice President, Strategic Regulation at the OSC. “By identifying emerging trends and behaviours with our research, we can look around corners, anticipate potential opportunities and risks, and ensure our regulatory approach supports investor protection while fostering fair and efficient markets.”

The survey found an encouraging sign that crypto owners are becoming more informed about investor protection measures. Half of crypto owners reported checking whether their crypto asset trading platform is registered before using it, up from 38 per cent in 2023. However, at the same time, knowledge of crypto assets remains limited; many investors had some misunderstanding around regulation, insurance protections and transaction capabilities.

The research also examined emerging forms of digital assets. Awareness and ownership of stablecoins and tokenized real-world assets remain relatively low, but interest is high among those who are familiar with these products.  

The survey found that the majority of Canadians now believe that crypto assets will play a key role in the future of Canada’s financial system. Among Canadians aware of crypto assets, 38 per cent indicated they were highly likely to purchase crypto assets in the future, up 18 percentage points from 2023.

The OSC has resources to help investors understand crypto assets and how they work on GetSmarterAboutMoney.ca. To stay on top of the latest information and resources, sign up for the OSC’s popular e-newsletter, Investor News.

The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at www.osc.ca.

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SOURCE Ontario Securities Commission

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New Analysis From Obi Finds World Cup Match Days Sent Rideshare Prices Surging Across Host Cities

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Uber fares peaked 62% above baseline, while the World Cup Final produced the tournament’s most expensive rideshare night

NEW YORK, July 28, 2026 /PRNewswire/ — World Cup fans faced significantly higher rideshare prices on match days, particularly for riders who chose Uber, according to a new analysis from Obi, the global real-time rideshare price-comparison platform.

Obi analyzed more than 15,000 fare and wait time data points from Uber, Lyft, Waymo and DiDi across eight World Cup host cities and 15 key matches, spanning the opening weekend through the Final. Uber prices rose above their prior-week baseline during every match Obi monitored, with an average peak increase of 62%. Lyft fares peaked 43% above baseline on average.

The price impact grew as the tournament progressed. Uber’s average peak increase was 59% during the group stage, rising to 72% during the quarterfinals, semifinals and Final.

“Fans expect transportation to cost more when tens of thousands of people leave a stadium at once, but the size of these increases – as well as the differences between providers for exactly the same trip – were striking,” said Ashwini Anburajan, CEO of Obi. “This is precisely why greater price transparency matters. Riders should be able to see their options clearly and make an informed choice, especially when demand is at its highest.”

Among the report’s key findings:

The Final was the tournament’s most expensive rideshare night. In the New York market on July 19, Uber reached a peak fare of $143, 77% above baseline, while Lyft peaked at $102.New York – New Jersey was the most expensive host market tracked. MetLife Stadium averaged a peak Uber fare of $146 across the four matches Obi measured there.Provider choice produced substantial savings. During Brazil versus Morocco in New York, Uber reached $149 while Lyft was $91 for the same trip at the same moment – a $58 difference and the largest provider gap recorded.The largest variance between Lyft and Uber was during Brazil vs Morocco, recorded at $58, a 64% variance.Lyft was generally less expensive than Uber in U.S. markets. In New York, Lyft frequently ran $30 to $50 below Uber on match nights.Higher prices were often accompanied by shorter pickup times. Obi found that Uber wait times declined on most of the game nights it analyzed, suggesting that higher fares helped draw more drivers onto the platform.

Across the tournament, the difference between the least and most expensive provider averaged $25 on game nights. The results illustrate how quickly major events can change local rideshare markets, as well as how consumers can pay materially different prices depending on which app they open.

“Rideshare pricing is dynamic by design, but consumers rarely have a clear view of the entire market,” Anburajan added. “The World Cup demonstrated that the first price a rider sees may be far from the best one available.”

The complete report, “The World Cup Effect: How Match Days Sent Rideshare Prices Surging,” is available at https://rideobi.com/worldcup/

ABOUT OBI

Obi is a global real-time aggregator that compares millions of pricing and pick-up (ETA) data points, providing consumers and businesses with actionable insights. The free Obi app allows riders to compare all the major rideshare providers, taxis and black cars instantly. With over 1,500,000 users, the Obi app is available in over 175 countries, providing global price transparency for riders. The app is available for free download on iOS and Android at rideobi.com.

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SOURCE Obi

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