Press Release · Rails
Rails Becomes NFA Member and CFTC-Registered Introducing Broker; Partners with Crypto.com to Launch Regulated Onshore Perpetual Futures Infrastructure
Distributed by ScoopByte · Originally issued via PR Newswire
Rails' derivatives infrastructure offering will help financial platforms integrate access to exchange-listed, centrally cleared perpetual futures contracts through a unified API
MIAMI and TORONTO, Nov. 10, 2026 — Rails Holdings Inc. ("Rails"), a provider of derivatives trading infrastructure, today announced that its affiliate, Rails Markets Inc., has been approved as a National Futures Association ("NFA") Member and registered with the Commodity Futures Trading Commission ("CFTC") as an Introducing Broker ("IB"). The milestone supports Rails' plans to introduce a new product offering which brings regulated perpetual futures ("perps") to U.S. institutions, positioning Rails as a key infrastructure layer for traditional finance and institutional digital asset trading.
To support this launch, Rails now has access to a robust regulated stack through a strategic partnership with Crypto.com and OG.com, who are a Futures Commission Merchant ("FCM"), a Derivatives Clearing Organization ("DCO") and a Designated Contract Market ("DCM"). This partnership enables a fully regulated onshore path for margined perps trading, a dominant derivative instrument that accounts for 93% of all crypto derivatives trading and generated nearly $93 trillion in global volume in 2025.
"Rails' technology combined with our fully regulated stack gives U.S. institutions something they haven't had before: high-performance perpetual futures, offered onshore, with the same protections they expect in any other regulated futures market" said Kwon Park, MD and Global Head of Digital Asset Partnerships at Crypto.com. "This partnership shows that innovation and compliance can move in tandem, and that U.S. traders don't have to go offshore to get the products the rest of the world already uses".
By integrating with Rails', fintechs, brokerages, exchanges and prediction markets located in the U.S. can leverage Rails' private-labeled perps and options trading infrastructure to offer regulated derivatives to their end users through a single, seamless integration. Rails, through its affiliate Rails Limited, already maintains a strong regulatory footprint beyond their NFA membership holding a Virtual Asset Service Provider ("VASP") registration and Securities Investment Business Act ("SIBA") license from the Cayman Islands Monetary Authority ("CIMA").
"Securing membership with the NFA is a major milestone in our work to bring regulated perpetual futures onshore," said Satraj Bambra, Co-Founder and CEO of Rails. "We have spent three years building a battle-tested technical platform, including a high performance matching engine, margin management, risk monitoring and compliance infrastructure. We are now ready to serve as the compliant backend for the world's leading financial institutions".
For more information on Rails and its derivatives trading infrastructure, please visit www.rails.xyz.
SOURCE Rails
About Rails
Rails provides derivatives trading infrastructure for fintechs, brokerages and exchanges. Its offering is designed to enable financial platforms to provide perpetual futures and options trading under their own brands through a unified API integrating trading technology, liquidity connectivity and compliance infrastructure.
Rails has executed more than $3.6 billion in trade volume and 100 million trades to date and maintained 99.99% system uptime since launch. With offices in Miami and Toronto, Rails is backed by $20 million from investors including Slow Ventures, CMCC Global and Kraken.
Learn more at rails.xyz and follow us on X.
About Crypto.com
Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.
Learn more at https://crypto.com.
About OG.com
OG.com is an independent platform that operates multiple business lines servicing customers globally, including offering access to trading products. Conducting business through registered entities, including OG.com Markets, which is a designated contract market and derivatives clearing organization registered with the Commodity Futures Trading Commission (CFTC), and the OG.com Broker, a CFTC-registered Futures Commission Merchant (FCM), OG.com offers an up-to-date trading ecosystem for prediction market contracts across various categories, including sports, financials, economics, culture, and much more.
Built around a comprehensive suite of event contracts, OG.com Markets allows all OGs to be original, whether a customer is a sports fan, an influencer, an oracle of culture, or part of the global community - all OGs can act on uncertainty, trade predictions, engage with a vibrant community, and climb the leaderboard. Available through direct access as well as intermediaries like FCMs and Introducing Brokers, OG.com Markets is where it pays to be right.
Find your edge today at https://OG.com.
OG.com is available in approved jurisdictions. Trading is subject to risk and may not be appropriate for all.
About CFTC-Regulated Perpetuals available through Crypto.com
North American Derivatives Exchange, Inc. is affiliated with Crypto.com, conducts business under the brands OG.com Prediction Markets and Crypto.com | Derivatives North America (CDNA), and is registered with the Commodity Futures Trading Commission (CFTC) as a designated contract market and derivatives clearing organization. CDNA offers the trading of cryptocurrency perpetuals. CDNA also offers the trading of prediction market contracts on multiple asset classes, including cryptocurrency, financials, companies, economics, climate and culture through direct access and intermediaries such as Introducing Brokers, including Crypto.com | Broker and Futures Commission Merchants (including Crypto.com FCM and OG Broker). Foris DAX Inc is the entity registered with NFA as an introducing broker.