Company file
ProphetX
CFTC DCM + DCO
New York, United States · 50k visits / day
Legal ProphetX LLC
CEO Dean Sisun
Founders Dean Sisun, Jake Benzaquen
Founded 2018
Parent ProphetX LLC
Delaware LLC, New York. Privately held sports-native prediction market. Direct-clearing model — the same entity is the exchange and the clearer.
Founded 2018 as a peer-to-peer sports prediction exchange (sweeps era). Filed DCM and DCO applications November 2025. CFTC DCO 10 June 2026, DCM 11 June 2026. Consumer relaunch days later — among the fastest approval-to-live timelines in this wave.
Licences CFTC Designated Contract Market · CFTC Derivatives Clearing Organization
Register CFTC designated contract market and DCO filings — ProphetX LLC
How you pay Bank transfer, Cards (unspecified)
Currencies USD
Languages English
Products Betting exchange · Prediction market
Odds formats Fractional · Decimal · US / American · Implied probability
Related companies ProphetX LLC (CFTC DCM and DCO)
Address New York, United States
Office visit Not on file
Public officers / staff
- Dean Sisun · Co-founder / CEO
- Jake Benzaquen · Co-founder
- Gabriel Wong · Chief Compliance and Risk Officer
- Bruce Fekrat · Chief Legal Officer
Company communication
Trust matrix — categories, not the published weight
- MetVerified owners — Named private founders on the public record.
- MetNamed officers / staff — Dean Sisun (Co-founder / CEO) · Jake Benzaquen (Co-founder) · Gabriel Wong (Chief Compliance and Risk Officer) · Bruce Fekrat (Chief Legal Officer)
- MetAddress on a register — CFTC DCM/DCO filings — ProphetX LLC, New York, NY
- MissingPhone number on file — No published corporate or support telephone.
- MissingEmail address on file — No published corporate email — contact form only, or none.
- PartialLongevity — Operating since 2018 (8 years); CFTC stack only from June 2026.
- PartialRelated businesses — ProphetX LLC (DCM and DCO)
- MetLicence stringency — 1 jurisdiction. Strongest on file: CFTC DCM + DCO. Extra countries add weight; they do not wash out a weak home licence.
- MissingOffice visit — No Bettor Concierge visit on file
- Not a bookmaker — CFTC event contracts, self-cleared
- DCM + DCO is a tighter federal stack than a DCM that clears elsewhere
- Sports-native product set; state challenges to sports event contracts remain a live legal risk
Sanctions / record
2026-06-11 CFTC designated ProphetX LLC (DCM) and registered DCO. DCO 10 June 2026, DCM 11 June 2026. Direct-clearing sports event contracts. Not a state sportsbook.
Official website prophetx.com