THE BLOCK · 2026-11-09 15:05 UTC

Prediction market broker River Markets registers affiliate as CFTC futures commission merchant

River Markets said its affiliate River Finance LLC registered with the CFTC as a futures commission merchant and joined the NFA, allowing it to carry customer accounts and handle client funds. The company is building a prime brokerage platform for prediction markets, aimed at letting institutions manage capital and risk across multiple exchanges through one account. River Markets was founded in May, has routed over 250 million contracts, and raised an $8.5 million seed round from venture backers.

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