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Fanatics Buys CFTC-Registered Exchange in Prediction Markets Land Grab

The deal for BGC's Water Street Labs and CX Clearinghouse lets Fanatics list and settle its own event contracts, echoing DraftKings and FanDuel as sports-betting giants scramble for a foothold in the sector.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Fanatics Buys CFTC-Registered Exchange in Prediction Markets Land Grab
The deal for BGC's Water Street Labs and CX Clearinghouse lets Fanatics list and settle its own event contracts, echoing DraftKings and FanDuel as sports-betting giants scramble for a foothold in the sector.

Why this matters

CFTC is showing up inside the Regulation theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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