Fanatics acquires CFTC exchange to expand prediction market

By Alla Basentsyan•July 28, 2026

The brief

Global betting company Fanatics has announced that it has acquired a CFTC-regulated exchange and clearinghouse from BGC Group, which will allow the operator to offer in-house prediction market listing and settling. According to the deal, Fanatics has purchased Water Street Labs as a designated contract market (DCM) an…

Original report

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