Company Overview

Railbird operates a CFTC-regulated prediction market exchange that enables businesses in the services sector to hedge risk through event-based futures contracts. Founded in 2021 and backed by Y Combinator (W22), the company achieved designated contract market status from the CFTC in June 2025 and was acquired by DraftKings in October 2025. Staffed by former Point72 analysts, Railbird provides federally regulated futures markets for real-world events, serving traders, financial institutions, and risk managers across the United States.

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Emerging Innovator

Railbird is an emerging player bringing innovative solutions to the Finance market.

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