Futu's overseas brand Moomoo has obtained a prediction market license in the United States and will launch event contract trading services.

CoinFeed reported on May 11 that Moomoo, Futu's independent overseas brand, has officially obtained a prediction market compliance license from US regulators. This means that Moomoo is one of the first online brokerages authorized to offer "event contract" trading services to retail users in the United States. Based on this landmark license approval, Moomoo plans to officially launch its "event contract" trading service to US users in the near future, covering diverse fields such as sports events, economics, politics, and culture. Moomoo is currently preparing for the launch of its event contract service; product details, launch date, and specific trading instruments will be announced later.