Northwire Canada EditionWednesday, July 22, 2026
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Management

DeepMarkit appoints Chen as CEO

By The Northwire Desk — AI Analysis Jan 27, 2026 · 09:16 MKT · 0.67 DeepMarkit Corp
MKT · Price

Executive Summary

  • DeepMarkit Corp. has appointed Johnny Chen as Chief Executive Officer, effective February 9, 2026.
  • Steve Vanry transitions from CEO to Chief Financial Officer and Corporate Secretary, while Curtis Smith resigns as CFO.
  • The leadership change supports the company's strategic focus on prediction markets and the development of its Prospect Markets platform.

Key Details

  • CEO Appointment: Johnny Chen appointed as CEO effective Feb. 9, 2026.
  • CFO Transition: Steve Vanry moves from CEO to CFO and Corporate Secretary.
  • Resignation: Curtis Smith resigns from the role of CFO.
  • Strategic Context: The transition aligns with the company's previously announced direction to focus on prediction markets and the Prospect Markets platform.
  • CEO Background: Mr. Chen is the founder of Prospect Prediction Markets Inc. (Prospect Markets) with over a decade of experience in capital markets, institutional equity sales, and trading.
  • CEO Credentials: Mr. Chen is a Chartered Financial Analyst (CFA) and Professional Engineer (PEng). He has held senior roles at BMO Capital Markets, Stifel Nicolaus Canada, and Raymond James.
  • Entrepreneurial History: Mr. Chen co-founded Prospect Labs Inc., a blockchain-based fantasy sports company, and began his involvement in crypto in 2016 at Stanford University.

Notable Quotes

  • Johnny Chen (Incoming CEO): "Prospect Market's mission is to enable sports leagues to engage with fans through prediction markets and to grow the athlete economy. I'm excited to lead DeepMarkit through this new chapter of growth... Prediction markets are reshaping financial and consumer markets, and we intend to be a leader in the space."
  • Steve Vanry (Incoming CFO): "This transition reflects a natural evolution as we move from strategic positioning into execution. Johnny brings deep familiarity with the Prospect Markets platform and a strong capital markets background while I remain focused on financial discipline, capital allocation and supporting the company's long-term growth objectives."
Read the original news release →

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