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River Markets

Prime brokerage for prediction markets, routing professional order flow across venues from one terminal and API.

Not disclosedLast development August 18, 2026
34
Regulatory risk score
Open cases
0all on file
Enforcement actions
0no penalties recorded
Licence filings
1tracked applications
Updates (90d)
0regulatory items

Regulatory posture

  • Sits above the venues rather than competing with them: one account, smart order routing and consolidated positions and P&L across Kalshi, Polymarket and Polymarket US, with Novig and Crypto.com in integration.
  • Filed for NFA Futures Commission Merchant registration through River Finance LLC on August 18, 2026; the application is pending and the firm holds no CFTC registration today.
  • Raised $8.5 million led by Haun Ventures, with Coinbase Ventures, Y Combinator, Qube Research and Technologies, and individuals from Citadel, JPMorgan and Google participating.
  • Founded by CEO Levy, previously in quantitative strategy at BlackRock, and CTO Antonin Perrot, previously in electronic trading at Morgan Stanley and high-frequency trading at Valkyrie Trading.

Licensing

FCM
Submitted (River Finance LLC, NFA ID 0578303, August 18, 2026); pending NFA review
DCM
N/A — routes to third-party venues
State coverage
No state action recorded on this tracker

Filings on the tracker (1)

Licensing Tracker
  • FCMRiver Finance LLC (River Markets)SubmittedAug 18, 2026

Products

Cross-Venue ExecutionSmart Order RoutingConsolidated Market DataOrder and Position Management

Development timeline

Dated developments compiled for this operator, newest first. Select an entry for the full detail.

  1. August 18, 2026
    River Finance LLC surfaced on the NFA BASIC pending-FCM scan

    The daily NFA BASIC scan flagged River Finance LLC (NFA ID 0578303) as a pending Futures Commission Merchant applicant. The entity was published to the Licensing Tracker on August 18, 2026 and linked to River Markets on admin review; the entity-to-company link rests on that review rather than on a public filing naming both.

Regulatory history

No enforcement actions matching this operator by name.

Recent activity

No recent regulatory activity tagged to this operator.

Sia Insights

Sia's analysis from broader market, trading, and industry-press signals. Not a primary regulatory source and not legal advice.

No Sia Insights for this operator yet.

Scoring is illustrative and based on public information. SiaPredict does not provide legal advice.