River Markets affiliate registers as CFTC futures commission merchant

River Markets' affiliate has registered with the CFTC as a futures commission merchant as the firm builds a prime brokerage aimed at institutional prediction market traders. The registration is a procedural step that could ease institutional access to prediction markets, though no specific products, volumes or timelines were disclosed. Traders would care because regulated brokerage infrastructure could deepen liquidity in event-based markets that increasingly overlap with crypto betting venues.