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Fanatics Acquires CFTC-Approved Prediction Market Exchange
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Fanatics Acquires CFTC-Approved Prediction Market Exchange

Fanatics is bringing its prediction market technology in-house by acquiring a trading exchange and clearinghouse that is registered with the Commodity Futures Trading Commission (CFTC).

Fanatics is bringing its prediction market technology in-house by acquiring a trading exchange and clearinghouse that is registered with the Commodity Futures Trading Commission (CFTC).

On Monday, the gaming and merchandise giant announced that it has reached an agreement to acquire Water Street Labs and CX Clearinghouse for an undisclosed price from BGC Group Inc.

By Editorial profile image Editorial
Updated on
Operators Fanatics Water Street Labs CX Clearinghouse Commodity Futures Trading Commission BGC Group Inc.