DraftKings (DKNG.US) is in talks to acquire the prediction market platform Railbird.
Wisdom Financial APP has learned, according to foreign media reports, DraftKings (DKNG.US) is currently in negotiations to acquire the prediction market platform Railbird. Railbird is a federally regulated prediction market and event contract trading platform headquartered in New York. The company was founded in 2021 by investment research analysts Miles Saffron and Edward Tian, who previously worked at Point72. In June 2025, it was approved by the Commodity Futures Trading Commission (CFTC) to become a designated contract market, making it one of the few regulated prediction markets in the United States.
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