Truth Network Backs Galactic’s Regulatory Push for Prediction Markets
Truth Network has endorsed Galactic's expansion strategy as the platform moves toward regulatory compliance with a Futures Commission Merchant (FCM) alliance and NFA registration. The initiative aims to solidify Galactic's position in regulated prediction markets, ensuring transparency and broad participation.
Stuart Stott, a veteran media executive leading Galactic, is steering the platform toward mainstream adoption within the Truth Network ecosystem. The focus on regulatory readiness aligns with growing institutional interest in compliant prediction markets.
"Prediction markets are entering a new era where regulation, transparency, and market participation can coexist at scale," said Andres Meneses, Global Community Architect at Truth Network. Galactic's progress signals a maturation of blockchain-based forecasting platforms.