Polymarket Says Its ‘Coming Home’ To The US After Buying CFTC-Regulated Exchange: CEO Sees Clear Path To ‘Welcome American Traders’ Again

Cryptocurrency-based prediction platform is re-entering the U.S. market after acquiring a CFTC-regulated derivatives exchange, CEO Shayne Coplan said on Monday.

What Happened: Coplan announced via x that Polymarket has purchased the holding company of QCEX, a licensed derivatives exchange and clearinghouse for $112 million.

“This paves the way for us to welcome American traders again,” Coplan said. “I’ve waited a long time to say this: Polymarket is coming home.”

Full story available on Benzinga.com