Railbird Exchange Chooses Connamara’s EP3 for U.S. Prediction Market Launch
Railbird Exchange is gearing up to enter the U.S. prediction market scene, and it’s got Connamara Technologies’ EP3 platform in its corner.
A New Player in Prediction Markets
Railbird, greenlit by the Commodity Futures Trading Commission (CFTC) as a Designated Contract Market (DCM), will use EP3 to power its platform, slated to launch later this year.
Founded in 2021, Railbird lets users bet on real-world outcomes, from economic shifts to entertainment and sports moments, and Connamara’s tech is set to make it happen.
Miles Saffran, Railbird’s co-founder, said they picked Connamara early, even before the CFTC gave the nod. “EP3’s flexibility and reliability are exactly what we need to bring this market to life,” he said.
The platform handles the heavy lifting, order matching, risk management, market surveillance, all wrapped in a scalable, API-friendly setup that’s ready for the demands of a regulated exchange.
Railbird Taps Into Conmara’s Tech
Connamara’s EP3 is built for speed and efficiency, helping new exchanges like Railbird hit the ground running without breaking the bank.
“We’re proud to back Railbird’s mission to build a transparent, CFTC-regulated marketplace,” said Jim Downs, Connamara’s CEO.
The platform’s cloud-first design and modular structure let Railbird focus on its vision: offering a place where users can trade on everything from Oscar winners to inflation rates, generating real-time insights for individuals and businesses alike.
Recommended