Novig announced that it has received designation from the U.S. Commodity Futures Trading Commission (CFTC) as a Designated Contract Market (DCM), positioning the company to operate as a federally regulated prediction market and expand nationwide under a single regulatory framework.

With CFTC designation, Novig will be able to operate across all 50 states and implement robust safeguards more commonly associated with financial markets, including enhanced market surveillance, protections against manipulation and insider activity, and comprehensive compliance standards designed to protect participants. The platform also maintains a 21+ age requirement and is built with a focus on responsible participation at scale.

The approval represents one of the fastest designations of its kind in CFTC history and reflects growing momentum behind exchange-based models that prioritize fairness, transparency, and integrity.

Built to challenge outdated and exploitative systems, Novig is singularly focused on creating the best platform to trade sports. By removing unfair odds and punitive limits on winning traders, Novig creates a more transparent and efficient marketplace where pricing is driven by real-time supply and demand. Through its exchange-based model, customers trade directly with one another in a liquid, market-driven environment designed to reward edge.

“Novig is the best place to trade sports. From day one, our vision has been to operate within a single national framework that raises the standard for the entire category. Novig is the first sports prediction market built by sports traders for sports traders, and the momentum we’ve seen to date reinforces that there is real demand for a more efficient, and ultimately more profitable way for sports fans to participate in sports markets. Federal oversight allows us to scale within a framework built on trust, transparency, and fairness. By aligning incentives with users and removing the structural disadvantages of legacy betting platforms, we’re building a fundamentally different model where participants aren’t playing against the house, but operating within a fair and transparent market,” said Jacob Fortinsky, co-founder and CEO of Novig.

The company has already demonstrated significant traction, surpassing $5 billion in cumulative volume as more users adopt a platform that emphasizes efficiency and transparency. By combining a sports-native experience with the mechanics of modern financial exchanges, Novig is positioning itself as the most liquid and efficient sports prediction market in the country. Operating under CFTC oversight will dramatically increase its addressable market while introducing a more consistent and scalable approach to regulation.

ProphetX, America’s first sports-native prediction market, applauded the Commodity Futures Trading Commission’s (CFTC) proposed rulemaking on event contracts, calling it a landmark step toward establishing clear, workable federal standards for the prediction market industry.

“ProphetX applauds CFTC Chairman Selig for his leadership in bringing regulatory certainty to America’s prediction market ecosystem. Today’s proposed rulemaking is a landmark first step toward establishing workable federal standards that encourage innovation and put consumer protection at the center of this emerging market,” said ProphetX Co-Founder and CEO Dean Sisun.

In April, ProphetX sent a letter to the CFTC in response to the Commission’s Advance Notice of Proposed Rulemaking (ANPR) on Prediction Markets. In the letter, ProphetX welcomed and supported the Commission’s efforts to establish a clear, durable federal regulatory framework for sports event contracts and the broader prediction markets industry. ProphetX urged the Commission to, for the first time, utilize its express statutory authority under Section 4(c) of the Commodity Exchange Act (CEA) to establish a conditions-based framework for the listing of sports event contracts, with Section 4(c) providing a durable and direct basis for federal preemption of conflicting state gaming laws.

In November 2025, ProphetX announced that it filed applications with the CFTC to register as a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO). Upon approval, ProphetX would become the first regulated exchange and clearinghouse in the US built specifically for sports-based event contracts, which will serve as the foundation for an evolving event contracts platform.

TRUEiGTECH announced the launch of its unified prediction market platform API, designed to help businesses and operators scale within the global prediction market platforms ecosystem.

With the market surpassing $10 billion in annual trading volume, operators face fragmented infrastructure and limited liquidity access.

The unified API addresses this by enabling a single integration with platforms such as Polymarket and Kalshi, while unlocking aggregated liquidity across multiple sources.

It enables faster deployment of turnkey prediction market platforms, allowing operators to enter the market with reduced development timelines.

The API is currently available to select partners and early adopters, with deployments focused on enabling faster market entry and improved liquidity access.

For operators requiring more flexibility, the infrastructure also supports bespoke platform development tailored to specific workflows, integrations, and market strategies.

Opening a Direct Pathway for Operators to Enter a High-Growth Market

The launch of TRUEiGTECH’s unified API creates a clear entry point for operators looking to participate in the next phase of prediction market growth.

Until now, building or expanding a prediction market platform required multiple integrations, separate liquidity sources, and significant backend development. This slowed time to market and created barriers for new entrants.

With a unified integration layer, operators can now:

• Access multiple prediction market providers through a single integration, eliminating the need for parallel API builds

• Unlock a broader range of markets and liquidity pools within one system, improving depth and pricing efficiency

• Reduce development timelines by up to 70% while simplifying infrastructure complexity

• Scale across global markets with a unified and flexible deployment framework

As adoption accelerates, early operators gain a strategic advantage, including those expanding from adjacent segments such as sweepstakes gaming platforms.

Solving Fragmentation Across a Rapidly Expanding Ecosystem

Prediction markets are evolving into a key layer of digital decision-making infrastructure, yet the underlying systems remain disconnected.

“The next phase of prediction markets will be defined by connectivity, not isolation. Operators today are facing a fragmented system where liquidity, integrations, and scalability are all disconnected. This API creates a direct pathway for businesses to enter and scale in this market without rebuilding the same infrastructure from scratch,” said the CEO of TRUEiGTECH.

Current challenges across the industry include:

• Fragmented liquidity across independent platforms

• Redundant integrations for each provider

• Inconsistent pricing and shallow market depth

• Delayed platform launches due to technical complexity

TRUEiGTECH’s API introduces a unified model that consolidates access across providers, allowing platforms to operate within a more connected and efficient ecosystem.

By enabling shared liquidity and standardized integrations, the API helps improve price discovery, user experience, and overall market performance.

Aligned with Global Market Expansion in the US, Europe, and Brazil

The timing of this launch reflects a growing window of opportunity for operators to enter prediction markets across the US, Europe, and Brazil.

In the US, platforms such as Kalshi operate under the Commodity Futures Trading Commission (CFTC), while in Europe, licensing frameworks led by the UK Gambling Commission (UKGC) and Malta Gaming Authority (MGA) continue to shape market expansion. In Brazil, evolving regulations under the Secretariat of Prizes and Betting are opening new pathways for licensed betting and digital gaming platforms.

However, entering these markets requires navigating licensing approvals, KYC, and AML compliance, and jurisdiction-specific regulations.

TRUEiGTECH’s unified API is designed to support this expansion by enabling:

• Multi-region platform deployment aligned with US, European, and Brazilian market structures

• Integration across both regulated and decentralized ecosystems

• Flexible infrastructure that can adapt to jurisdiction-specific compliance and licensing requirements

• Expansion into new verticals including financial forecasting and media-driven event markets

Positioning Operators for the Next Phase of Prediction Markets

As prediction markets continue to grow, infrastructure is expected to play a defining role in determining market leaders.

Platforms that can access deeper liquidity, scale faster, and operate across multiple ecosystems will be better positioned to capture market share.

TRUEiGTECH’s unified API enables operators to build and scale prediction market platforms faster, while also supporting seamless deployment across web and mobile applications through integrated prediction market mobile app development capabilities.

With the market entering a critical growth phase, businesses that move early are likely to benefit from first mover advantage as prediction markets evolve into a mainstream digital product category.