DraftKings has acquired Railbird Technologies, enhancing its position in the prediction market and event contract trading sectors. This acquisition reflects DraftKings’ strategy to expand its services and offerings in the growing field of event-driven trading. Railbird Technologies operates a trading platform that aligns with DraftKings’ goals in the market. The integration of Railbird’s technology is expected to bolster DraftKings’ capabilities and attract more users interested in prediction markets.
