Betr awaits NFA approval for proposed predictions platform
Betr is awaiting National Futures Association approval for Betr Predictions LLC, whose October application seeks introducing broker and swap firm status. The application remained pending; those approvals would not make Betr a designated contract market, and the company would likely need a DCM partner to launch the product.
The pending application leaves Betr’s route to offering event contracts dependent on approval and a potential exchange partner.