Vancouver, British Columbia--(Newsfile Corp. - July 7, 2026) - Prospect Prediction Markets Inc. (TSXV: MKT) (OTCQB: MKTSF) (FSE: DEP) ("Prospect Markets" or the "Company") is pleased to announce that it has signed a non-binding letter of intent (the "LOI") with Foris DAX FCM LLC operating as OG Broker, a registered Futures Commission Merchant (FCM) and related entity of Crypto.com. The LOI contemplates a relationship with the North American Derivatives Exchange Inc., which operates the prediction markets brands of OG Prediction Markets and Crypto.com | Derivatives North America and a clearing relationship with OG Broker intended to support the Company's planned offering of sports-based event contracts to participants in the United States (the "Partnership").

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Under the Partnership, Prospect Markets will introduce US participants to CFTC regulated event contracts through OG Broker marking the Company's entry into the United States, the world's largest prediction markets opportunity.

"Partnering with OG Broker is the moment Prospect goes from vision to reality in the US. Our mission is to make every sports moment tradable, and this gives us the infrastructure to prove it at the scale the American market demands." - Johnny Chen, Founder and CEO, Prospect Markets

"We are excited to partner with Prospect Markets as they look to enter the growing US prediction market landscape. This partnership underscores our commitment to expanding a compliant digital asset and derivatives ecosystem that offers U.S. participants unparalleled trust and transparency." - Steve Humenik, Chief Legal Officer, OG and EVP and Global Head of Legal for Prediction and Capital Markets of Crypto.com.

Subject to the execution of definitive agreements and any applicable regulatory approvals, the parties are targeting a product launch in Q3 2026.

Important Notice Regarding the Letter of Intent

This news release describes a non-binding letter of intent and the parties' intention to negotiate and execute definitive documentation. There can be no assurance that definitive agreements will be executed, that required regulatory approvals or registrations (including NFA registration) will be obtained, or that any product will launch. Unless and until definitive agreements are executed, the contemplated relationship remains subject to negotiation and the satisfaction of conditions.

About Crypto.com
Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and development of new use cases including prediction markets and tokenized RWAs.

Learn more at https://crypto.com.

About OG
OG is the global brand of the Crypto.com ecosystem that operates several business lines to service customers globally. North American Derivatives Exchange, Inc. conducts business under the brands OG Prediction Markets and Crypto.com | Derivatives North America (CDNA), and is registered with the Commodity Futures Trading Commission (CFTC) as a designated contract market and derivatives clearing organization. OG Prediction Markets and CDNA offer the trading of prediction market contracts on multiple asset classes, including cryptocurrency, financials, companies, economics, climate and culture through direct access and intermediaries such as Introducing Brokers and Futures Commission Merchants (FCMs).

OG allows customers to trade, engage with others, climb the leaderboard, and where it pays to be right. Subject to applicable law, OG provides sports fans and consumers with the opportunity to act on uncertainty, capitalize on the future, and celebrate triumph through a most comprehensive offering of sports and cultural event contracts.

Make your call now at https://OG.com.

About Prospect Markets

Prospect Markets is the prediction market platform built natively for sports. From the world's largest leagues to niche competitions, Prospect turns every sports moment into a tradable market. Fans trade peer-to-peer on outcomes using real-time data from our second-screen experience which transforms passive viewership into active market participation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding the Company's letter of intent with Crypto.com FCM; the contemplated clearing relationship and the parties' intention to negotiate and enter into definitive agreements; the Company's pursuit of registration as a Guaranteed Introducing Broker through the NFA; the anticipated structure, scope, and timing of the proposed arrangement; the anticipated product launch and its timing; and the Company's strategic plans, expansion into the United States, and the size of the addressable market. Forward-looking information is based on assumptions that management considers reasonable, including that the parties will negotiate and execute definitive agreements on acceptable terms; that required regulatory approvals and registrations will be obtained; and that anticipated timelines will be met.

Forward-looking information is subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied, including, among others: that the letter of intent is non-binding and the parties may not enter into definitive agreements, or may do so on different terms; the risk that NFA registration and other required regulatory approvals are delayed, conditioned, or not obtained; the risk that the contemplated launch does not occur or is delayed; the evolving regulatory treatment of event contracts and prediction markets in the United States; changes in applicable laws and regulations; competition in the prediction markets space; the Company's ability to complete its US corporate and operational arrangements; market acceptance of the Company's platform; and the other risk factors described in the Company's continuous disclosure filings available on SEDAR+ at www.sedarplus.ca. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. There can be no assurance that the proposed arrangement will be completed or, if completed, will be on the terms described, or that it will achieve the anticipated benefits.

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