Futu Subsidiary

moomoo obtains a U.S. prediction market regulatory license, becoming one of the first online brokerages to legally offer "event contracts."

Event contracts = binary outcome predictions. You bet on whether something will happen or not, win money if you're right, lose everything if you're wrong.

From Polymarket to Kalshi, and then to moomoo—the prediction market track is shifting from the "gray area" to "licensed operation."

What does this mean?

Regulators are using a "peace offering" approach, bringing prediction markets into the legitimate financial system.

CFTC approval means prediction markets have upgraded from "controversial products" to "compliant financial instruments." Ordinary retail investors no longer need to go through Polymarket; they can participate directly through compliant brokerages like moomoo.

Even more interesting is the coverage scope—sports, economics, politics, culture. Political event predictions have already been validated by Polymarket: the 2024 U.S. election, where Polymarket's predictions far outperform almost all polling agencies.

Why? Because betting real money better reflects true expectations than filling out surveys.

But there's a contradiction here:

Polymarket attracts users with "anonymity + no KYC"—users are reluctant to reveal their identities for politically sensitive events.

moomoo is a licensed broker, where KYC is standard.

Regulation = a ceiling on trading volume. Major event bettors might still prefer Polymarket, which doesn't require identity verification.

However, for regulators, this step is already enough—

Allow licensed brokerages to dominate the market first, increasing pressure on gray platforms that "may involve insider trading."

CFTC's logic is clear: I don't ban prediction markets; I let you play within my framework. Over time, information flow becomes transparent.

The war over prediction markets has just begun. #Gate广场五月交易分享 $BR