Calgary-based DeepMarkit has acquired Prospect Prediction Markets, shifting its focus from blockchain-based carbon credits to digital prediction markets. The deal gives DeepMarkit immediate access to Prospect’s blockchain-powered, free-to-play sports prediction platform amid rising global demand for real-time sentiment tools.
CEO Steve Vanry said shareholders want clearer user demand and scalable economics, both of which prediction markets provide. The acquisition brings leadership changes, including Prospect founder Trevor Broad becoming CTO and director, and Sacha Beharie joining as Head of Capital Markets. DeepMarkit plans to expand event categories and pursue partnerships while maintaining a compliance-led approach.
Want to know more? Check out the source code on Calgary.tech.