River Markets registers futures brokerage affiliate with U.S. CFTC

Prediction-market trading infrastructure startup River Markets has registered an affiliate as a futures commission merchant with the U.S. CFTC, The Block reported. According to the report, River Finance, a River Markets affiliate, has joined the National Futures Association, allowing it to manage client accounts and handle customer funds. River Markets was founded in May this year and serves hedge funds, sports funds, proprietary trading firms, and event-risk hedging companies.