# River Markets Affiliate Registers With CFTC as Futures Commission Merchant

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/53107
Published: 2026-11-10T13:11:35.000Z
Updated: 2026-11-10T13:11:35.000Z
Section: Regulation

> River Finance LLC has joined the National Futures Association and can open customer accounts and hold client funds.

River Finance LLC, an affiliate of River Markets, has registered with the CFTC as a futures commission merchant, adding account-opening and customer-fund custody capabilities to the firm's prediction-market business.

The registration allows the affiliate to open accounts for customers and hold their funds. It has also joined the National Futures Association, giving the company both a federal registration and industry-association membership.

River Markets is building a prime brokerage platform for institutional prediction-market traders. The planned service would let clients use one account to manage funds, positions and risk across multiple exchanges and clearinghouses.

River Markets also plans to support financing arrangements and compliant over-the-counter (OTC) trading. Those features would sit alongside account access, custody and cross-venue position and risk management in the service it is assembling.

River Markets was founded in May 2026. Its customers include hedge funds, sports funds and proprietary trading firms, and the company has raised $8.5 million in seed funding.