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NFA approves Sleeper Markets as futures commission merchant

Licences & markets

The NFA approved Sleeper Markets LLC to operate as a futures commission merchant and swap firm, clearing a registration hurdle for Sleeper's planned event-contract business. Sleeper then dismissed its lawsuit against the CFTC without prejudice, preserving the company's ability to bring the case again.

The approval allows Sleeper Markets to provide event-contract trading markets to consumers, though not to supply the contracts.

Earlier licence decisions by NFA and Commodity Futures Trading Commission

DateCompanyAmountStoryAppeal status
Underdog, Crypto.comNot statedNFA approves Underdog affiliate UDM LLC for FCM and swap-firm statusNot stated
KalshiNot statedKalshi explores potential Brazil prediction-market entry in 2026Not stated
GeminiNot statedGemini launches prediction markets across 50 US statesNot stated
Matchbook, EasybetNot statedMatchbook plans UK prediction-market launch under existing licenceNot stated
GeminiNot statedCFTC approves Gemini Titan prediction markets licenceNot stated

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