The acquisition comes as as Betr prepares to launch prediction markets within its app later this year.

Micro-betting platform Betr has acquired Ascent Capital Management, a broker registered with the National Futures Association and the Commodity Futures Trading Commission (CFTC). Ascent Capital Management has been registered as an introducing broker since 2011 Betr said the deal gives the company introducing broker registration with the CFTC, allowing it to move forward with regulated prediction market offerings powered by Polymarket. The company said users will eventually be able to access