moomoo, a subsidiary of Futu, has obtained a US Predictive Market Compliance License and will launch Event Contract Trading.

BlockBeats News, May 11th - moomoo, the overseas independent brand under Futu Holdings, announced that it has officially obtained a Predictive Market Compliance License issued by a U.S. regulatory agency, becoming one of the first online brokers approved to provide "Event Contracts" trading services to retail users in the United States. This move further expands moomoo's diverse investment product offerings, solidifying its proactive layout in financial innovation and compliance as a global one-stop investment platform.

Based on this approved license, moomoo plans to officially launch Event Contract trading services for U.S. users soon, covering a wide range of areas including sports events, economics, politics, and culture. Unlike traditional stock, options, or commodity trading, the core logic of Event Contracts is "binary outcome" trading, where users earn profits by predicting the outcome of specific events. This transforms observations of the real world into investment decisions, providing a new investment and hedging tool beyond traditional and crypto asset allocations. moomoo will strictly adhere to the regulatory framework of the U.S. Commodity Futures Trading Commission (CFTC) and offer standardized, compliant Event Contract products.