Deals

Rails becomes NFA member and CFTC-registered introducing broker

Published Nov 10, 2026Updated 4h ago

Rails has become a member of the National Futures Association (NFA) and a CFTC-registered introducing broker. The company is partnering with Crypto.com to launch regulated onshore perpetual futures infrastructure. North American Derivatives Exchange, Inc. is affiliated with Crypto.com and conducts business under the brands OG.com Prediction Markets and Crypto.com.

Why this matters?

Expands the roster of CFTC-registered infrastructure providers serving prediction-market and crypto-derivative platforms, potentially lowering compliance barriers for new entrants seeking regulated onshore futures products.

The bigger picture

Rails joins River Markets and North American Derivatives Exchange subsidiary OG.com as CFTC-registered infrastructure providers building vertical compliance stacks for prediction-market and crypto-derivative platforms, reducing partner dependency for new entrants.

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