Licensing Tracker
DCM, SEF, and no-action applications in the US prediction markets space.
47 of 47 applications
| Applicant | Type | Applied | Status | Expected | Blockers | Most Recent News |
|---|---|---|---|---|---|---|
X3XCHG 365 LLC | FCM | Aug 18, 2026 | Submitted | Pending NFA review; identity/relevance unconfirmed | — | Oct 19, 2026 |
ADApex Derivatives LLC | FCM | Aug 18, 2026 | Withdrawn | Pending NFA review; identity/relevance unconfirmed | — | Oct 19, 2026 |
TTTLC Technologies Inc (Backpack Exchange) | FCM | Aug 18, 2026 | Submitted | Pending NFA review; identity/relevance unconfirmed | — | Oct 19, 2026 |
HMHypestrat Markets LLC | FCM | Sep 15, 2026 | Submitted | Pending NFA review; identity/relevance unconfirmed | — | Oct 19, 2026 |
LMLiquidityTech Markets LLC | FCM | Sep 10, 2026 | Submitted | Pending NFA review; identity/relevance unconfirmed | — | Oct 19, 2026 |
POPrediction Operating LLC | FCM | Aug 18, 2026 | Submitted | Pending NFA review; identity/relevance unconfirmed | — | Oct 19, 2026 |
GGGemini Galactic Markets LLC | FCM | Aug 18, 2026 | Submitted | Pending NFA review; identity/relevance unconfirmed | — | Oct 19, 2026 |
IDICE Derivatives Execution Services LLC | FCM | Aug 18, 2026 | Approved | Pending NFA review; identity/relevance unconfirmed | — | Oct 19, 2026 |
BNBullish Nexus LLC | FCM | Aug 18, 2026 | Submitted | Pending NFA review; identity/relevance unconfirmed | — | Oct 19, 2026 |
BBlockchain.com | DCM | Oct 9, 2026 | Submitted | Review pending; filing date not disclosed | — | Oct 11, 2026 |
BDBlockchain.com Derivatives Inc | FCM | Aug 26, 2026 | Submitted | Pending NFA review; identity/relevance unconfirmed | — | Oct 9, 2026 |
IDICE Digital Derivatives LLC | FCM | Sep 17, 2026 | Submitted | Pending NFA review; identity/relevance unconfirmed | — | Oct 2, 2026 |
BEBitnomial Exchange, LLC | No-Action | Nov 13, 2025 | Approved | Granted January 2026 | — | Aug 31, 2026 |
RFRiver Finance LLC (River Markets) | FCM | Aug 18, 2026 | Submitted | Pending NFA review | — | Aug 18, 2026 |
NVNew Venture III LLC (FanDuel's second, independently owned FCM) | FCM | Apr 9, 2026 | Submitted | Pending NFA review | — | Aug 16, 2026 |
RPRebet Predictions LLC (Rebet affiliate) | FCM | Jun 11, 2026 | Submitted | Pending NFA review | — | Aug 16, 2026 |
FFFliff FCM LLC (Fliff affiliate) | FCM | Aug 12, 2026 | Submitted | Pending NFA review | — | Aug 12, 2026 |
OMOnyx Markets LLC (Onyx Odds affiliate) | FCM | Aug 12, 2026 | Submitted | Pending NFA review | — | Aug 12, 2026 |
ADAlpaca Derivatives LLC (Alpaca Markets affiliate) | FCM | Aug 6, 2026 | Approved | N/A — approved, not yet operational | — | Aug 6, 2026 |
FMFanatics Markets (via acquisition of Water Street Labs / CX Clearinghouse) | DCM | Jul 27, 2026 | Approved | Closing subject to customary conditions | — | Jul 27, 2026 |
APApex Prediction Markets (Apex Clearing Corporation, Apex Fintech Solutions) | FCM | Feb 3, 2026 | Approved | N/A — approved | — | Jul 27, 2026 |
DPDraftKings Predictions | FCM | Jul 14, 2026 | Approved | N/A — approved | — | Jul 14, 2026 |
PDPM Derivatives LLC (Polymarket affiliate, "Coming Home GBA") | FCM | Jul 3, 2026 | Submitted | Review pending; CFTC approval still required before launch | 1 blocker | Jul 3, 2026 |
LELudlow Exchange LLC (Novig affiliate) | DCM | Dec 15, 2025 | Approved | Approved June 16, 2026 | — | Jun 16, 2026 |
PProphetX | DCM | Nov 10, 2025 | Approved | Approved June 11, 2026 | — | Jun 11, 2026 |
GTGemini Titan LLC | DCM | Mar 10, 2020 | Approved | Approved December 10, 2025 (~5-year review) | 1 blocker | May 13, 2026 |
QLQCX LLC d/b/a Polymarket US | DCM | Jul 14, 2025 | Approved | Approved November 25, 2025 | 2 blockers | May 12, 2026 |
RERailbird Exchange, LLC | DCM | Nov 17, 2023 | Approved | Approved June 13, 2025 | — | May 4, 2026 |
MLMIAXdx (formerly LedgerX) | No-Action | Nov 15, 2025 | Approved | Granted December 11, 2025 | — | Apr 30, 2026 |
RSRothera (Robinhood / Susquehanna / MIAX JV) | DCM | Jan 20, 2026 | Approved | Operating under MIAXdx DCM; first event contracts listing on or after May 20, 2026 | — | Apr 30, 2026 |
KMKinetic Markets LLC (Kalshi affiliate) | FCM | Mar 24, 2026 | Approved | N/A — approved | — | Apr 27, 2026 |
SBSmarkets Board of Trade Exchange LLC | DCM | Feb 1, 2026 | Submitted | Review pending | — | Apr 15, 2026 |
XEXV Exchange (STX technology stack) | DCM | Mar 10, 2026 | Submitted | Review pending | — | Apr 15, 2026 |
DDimeTrades | DCM | Mar 25, 2026 | Submitted | Review pending | — | Apr 15, 2026 |
FMFanatics Markets FCM (Morton St Trading Investments LLC) | FCM | Aug 1, 2025 | Approved | N/A — approved | — | Mar 31, 2026 |
AEAristotle Exchange DCM, Inc. | DCM | Nov 1, 2024 | Approved | Approved September 5, 2025 | — | Mar 9, 2026 |
KDKraken Derivatives US (NinjaTrader Clearing LLC, Kraken affiliate) | FCM | Jul 15, 2025 | Approved | N/A — approved | — | Mar 3, 2026 |
SMSleeper Markets LLC (Sleeper) | FCM | May 1, 2025 | Approved | N/A — approved | — | Feb 6, 2026 |
SSporttrade | DCM | Jan 27, 2026 | Under Review | H2 2026 at earliest (12-18 months typical) | 1 blocker | Feb 4, 2026 |
KLKalshiEX LLC — Congressional Control Contracts | Other | Jun 12, 2023 | Denied | Disapproved September 22, 2023; disapproval vacated in 2024 | 2 blockers | Feb 4, 2026 |
UPUnderdog Predict (UDM LLC) | FCM | Apr 3, 2025 | Approved | N/A — approved | — | Jan 13, 2026 |
CDCrypto.com Derivatives North America | DCM | Jan 1, 2004 | Approved | Originally designated 2004 as HedgeStreet; change-of-control approved 2022 | 1 blocker | Sep 30, 2025 |
PPPrizePicks Predict (Performance Predictions II LLC, a SidePrize LLC subsidiary) | FCM | May 28, 2025 | Approved | N/A — approved | — | Sep 23, 2025 |
VUVictoria University of Wellington (PredictIt) | No-Action | Oct 29, 2014 | Approved | Issued Oct 2014; rescission attempted 2022; enjoined 2023 | 2 blockers | Sep 5, 2025 |
FPFanDuel Prediction Markets LLC (f/k/a F&O Financial LLC; CME/FanDuel joint-venture FCM) | FCM | Aug 20, 2025 | Approved | N/A — approved | — | Aug 28, 2025 |
KLKalshiEX LLC | DCM | Dec 30, 2019 | Approved | Approved November 2020 | — | May 5, 2025 |
FLForecastEx LLC (Interactive Brokers) | DCM | Oct 25, 2023 | Approved | Approved June 24, 2024 | — | Jul 8, 2024 |