DeepMarkit enters prediction markets with Prospect deal

Executive Summary

• DeepMarkit Corp. has completed the acquisition of Prospect Prediction Markets Inc., marking a strategic pivot into the prediction markets sector, specifically focusing on blockchain-powered, free-to-play sports prediction platforms.
• The acquisition integrates Prospect’s technology into DeepMarkit’s portfolio, aiming to leverage blockchain and tokenization capabilities to enter the rapidly expanding consumer-facing prediction market space.
• To support this new direction, DeepMarkit has appointed key leadership, including a new CTO and Head of Capital Markets, and granted stock options to officers and employees.

Key Details

• Transaction: Closing of the acquisition of Prospect Prediction Markets Inc. on November 18, 2025.
• Strategic Focus: Entry into prediction markets, starting with free-to-play fan engagement in sports, with plans to expand into other categories (politics, macroeconomics) as regulations evolve.
• Technology: Prospect’s platform is built on the Avalanche blockchain, using a ranking algorithm to turn real-world sports events into dynamic prediction markets.
• Leadership Appointments:
  • Trevor Broad: Appointed Chief Technology Officer and Director. Brings 15+ years of experience in fintech, insurtech, AI, and blockchain. Responsible for platform architecture, scalability, and compliance-supporting systems.
  • Sacha Beharie: Appointed Head of Capital Markets. Brings nearly 20 years of global capital markets experience, previously serving as Managing Director at Stifel Canada and leading equity platforms at Macquarie Group. Responsible for go-to-market strategies, partnerships, and capital markets insight.
• Stock Option Grants:
  • Aggregate grant of 1.26 million incentive stock options.
  • Exercise price: $0.41 per common share.
  • Terms: 1.2 million options have a 3-year term; 60,000 options have a 5-year term.
  • Subject to TSX Venture Exchange approval.
• Near-Term Priorities:
  • Integrating acquired technology into a unified platform.
  • Enhancing back-end systems, APIs, and user experience.
  • Expanding event categories for free-to-play offerings.
  • Pursuing jurisdiction-by-jurisdiction compliance and governance.
  • Testing non-wagering revenue models (sponsorships, premium features, data services).
• Market Context: The release cites the growth of prediction markets, noting cumulative trading volumes on leading platforms (Kalshi, Polymarket, Opinion) surpassing $3 billion, indicating growing adoption and liquidity.

Notable Quotes

• "Shareholders have asked us to prioritize businesses with clear user demand and scalable digital economics," said Steve Vanry, chief executive officer of DeepMarkit. "Prediction markets check those boxes. With Prospect's technology in-house, we can pursue this opportunity prudently, starting with free-to-play fan engagement, and expand methodically as rules, regulations and partnerships evolve."