Railbird News & Prediction Market Coverage
Track the latest Railbird news across prediction markets. Prediction News is following 2 active Railbird stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
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Frequently Asked Questions
What is Railbird?
Railbird was a CFTC-designated contract market offering a prediction market exchange for event contracts on real-world outcomes in finance, culture, entertainment, and other categories.
Did DraftKings acquire Railbird?
Yes. DraftKings acquired Railbird Technologies Inc. and Railbird Exchange, LLC in October 2025 to build its own prediction markets infrastructure.
What happened to Railbird after the acquisition?
Railbird’s platform and CFTC license were integrated into DraftKings; the exchange now operates as DKeX, DraftKings’ in-house prediction markets venue.
Is Railbird CFTC-regulated?
Yes. Railbird Exchange held CFTC designation as a contract market (DCM) since June 2025; DKeX continues to operate under CFTC oversight as part of DraftKings.
Where can I trade on Railbird markets?
Railbird markets are now available through DraftKings Predictions and the integrated DKeX exchange within DraftKings’ app.
Who founded Railbird?
Miles Saffran co-founded and served as CEO of Railbird Technologies prior to the DraftKings acquisition.