Betr gains CFTC registration, Polymarket adds new trading options
Betr secured CFTC registration, enabling it to offer federally regulated event contracts in the US through a broker deal with an established compliance framework. The move, reported May 25, 2026, follows Betr's acquisition of NFA-registered broker Ascent Capital Management, which let it skip building its own regulatory infrastructure. Separately, Polymarket expanded its trading options with new products as both platforms maneuver amid ongoing industry pushback against event contracts and rising competition ahead of the NFL season. Betr pointed to its existing compliance framework as the foundation for the expansion into prediction markets.
Betr's CFTC clearance puts it on a faster launch timeline than Sporttrade, whose DCM application remains stuck in the CFTC queue. The platform can now deploy its million-user base against Kalshi before the NFL season starts.