ProphetX partners with Agg Market to bring CFTC-regulated sports prediction markets to Solana

ProphetX has partnered with Agg Market to make its CFTC-regulated sports prediction markets available on Solana, extending access to the operator’s event contracts through Agg’s blockchain-based infrastructure.

ProphetX said the integration gives traders access to its markets on Solana while keeping ProphetX’s existing terms and settlement framework in place. According to the announcement, all ProphetX markets will be accessible through the Agg Market connection from launch.

What the Solana integration includes

Agg Market is described as providing Solana-based infrastructure that connects onchain users with prediction market liquidity. ProphetX said its markets will be available through that setup as either a standalone integration or as part of broader liquidity APIs.

That matters because the deal is framed as an infrastructure expansion rather than a change to how ProphetX settles its markets. The companies said ProphetX’s terms and settlement framework will remain intact.

ProphetX is described in the announcement as America’s first federally regulated sports-native prediction market. The source also says the company previously operated as a state-licensed exchange before pivoting to prediction markets.

Builder grants also planned on Solana

The announcement also says Solana will support a builder grants program tied to the partnership. The program is intended to fund new dApps built on ProphetX with Agg.

No terms for the grants program were disclosed in the source, and the announcement did not provide additional detail on eligibility, timing, or funding size.

For readers tracking prediction markets, the key point is that this expands ProphetX distribution into Solana-based infrastructure while preserving the operator’s existing market rules and settlement model. The source does not specify whether the rollout changes the underlying set of contracts offered, only that ProphetX’s full market suite will be accessible through the integration.

ProphetX was founded in 2018, according to the source.

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Source: As reported by app.dealroom.co.