Volume 25: ProphetX CEO Dean Sisun

Join us as we dive into the prediction market sector with ProphetX CEO Dean Sisun. In this insightful interview, XST Capital’s Founder, Joel Simkins, explores ProphetX’s evolution, including its recent application to the CFTC to become a Designated Contract Market (DCM), and examines the company’s broader vision to reshape sports wagering.

ProphetX is a sports-native prediction market where users compete directly against one another, setting their own odds and trading on the outcomes of sporting events. Built as a true sports exchange, ProphetX aims to bridge the gap between traditional sports bettors and professional traders by excelling across three core pillars: price, liquidity, and simplicity.

Discover how ProphetX strategically builds its platform with a sports-first mindset to maintain its competitive edge, and how that framework led to the decision to apply for a DCM license to operate a Federally regulated prediction market. Gain valuable insights into building an RFQ parlay system, maintaining liquidity without an affiliate trading arm, and adapting to rapid changes in the gaming ecosystem.

Dean also shares his perspective on the future of prediction markets within the broader financial and sports-trading ecosystem, how ProphetX plans to compete as sportsbook incumbents enter the prediction space. Learn how ProphetX plans to continue innovating in the prediction market space and ultimately build the people’s prediction market.

Don’t miss this opportunity to hear from a thought leader in the prediction market sector and gain valuable insights into the future of online gaming.

Read the full interview here: What’s NXST