High Roller Technologies, Inc. has made significant strides in its efforts to launch a prediction markets platform in the U.S. The company announced that its wholly owned subsidiary, ROLR US LLC, has received approval from the National Futures Association (NFA) and has been registered as an introducing broker. This registration is facilitated through a guarantee agreement with OG Markets US, Inc., which operates under the brand Crypto.com FCM.
Seth Young, the CEO of High Roller Technologies, emphasized the importance of this approval in advancing the company’s plans for the ROLR platform. He noted that achieving NFA membership represents a major step in establishing the necessary compliance, technology, and operational structure for participation in the federally regulated U.S. derivatives market.
Young elaborated on the benefits of the partnership with Crypto.com, highlighting how it provides access to a well-established infrastructure for exchange, clearing, and futures commission merchant operations. This collaboration allows High Roller to concentrate on enhancing the consumer experience, building brand awareness for ROLR, and implementing customer acquisition strategies. With this regulatory milestone now achieved, the company aims to finalize integration, testing, and operational processes ahead of the anticipated launch date.
Key highlights from the announcement include:
– ROLR US LLC’s approval as an NFA member and its registration as a guaranteed introducing broker.
– Operating under a guarantee agreement with Crypto.com FCM, which will maintain customer accounts and facilitate related transaction processing, custody, and regulatory compliance, while ROLR US will not hold any customer funds.
– Access for eligible ROLR customers to a variety of event contracts offered through Crypto.com | Derivatives North America, covering categories such as sports, finance, entertainment, and more.
– Crypto.com | Derivatives North America will serve as the exclusive provider of prediction contracts on High Roller’s U.S. platform for the first two years of the partnership.
– An expected revenue-sharing arrangement based on customer activities on the ROLR platform.
– The registration serves as a crucial regulatory milestone in preparation for the commercial launch of ROLR, which is contingent upon successful technology integration and timely completion of compliance and operational requirements.
High Roller Technologies is recognized for its innovative approach in the online gaming and prediction markets sector, offering a diverse array of engaging gaming experiences through its various brands, including High Roller and Fruta. The company boasts an extensive portfolio of over 6,000 premium online casino games from leading providers.
As the company moves closer to launching the ROLR platform, it continues to emphasize its commitment to innovation, performance, and customer satisfaction in the competitive multi-billion-dollar iGaming industry.
