Betr Acquires Ascent Capital Management for Prediction Markets
To accelerate its planned entry into the prediction market field, Betr, the daily fantasy site co-owned by influencer Jake Paul, has acquired Ascent Capital Management Inc.
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To accelerate its planned entry into the prediction market field, Betr, the daily fantasy site co-owned by influencer Jake Paul, has acquired Ascent Capital Management Inc.
Another busy week in the prediction market has closed, with major players in the space working to bolster their operations and counter pushback against event contracts.
Betr has acquired Ascent Capital Management Inc., gaining National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC) registrations that clear a regulatory path for the launch of prediction markets within its app.