July 21, 2025


Crypto prediction platform Polymarket is making a bold return to the U.S. after resolving regulatory uncertainties that have clouded its operations since 2022. The New York-based company announced it will acquire QCX, a CFTC-licensed derivatives exchange, for $112 million — marking a strategic pivot toward full regulatory compliance.


The move follows news that both the U.S. Department of Justice and the Commodity Futures Trading Commission (CFTC) have dropped their investigation into whether Polymarket violated the terms of its earlier settlement.



“This is a major step forward,” a company spokesperson stated. “We’re focused on building legally sound prediction markets that empower users with real-time event pricing — this time, with full regulatory clarity.”


Back With a License, Not Loopholes

QCX, which received CFTC approval on July 9, provides Polymarket a legal pathway to serve U.S. users — something it had agreed not to do after a 2022 enforcement action for operating an unregistered market. That year, Polymarket agreed to block U.S. traders and pay a penalty. However, regulators later questioned whether the company fully complied, even conducting a high-profile search of founder Shayne Coplan’s home.


With the QCX acquisition, Polymarket is clearly signaling its shift away from gray-zone operations toward a regulated, licensed future.


Election Momentum & Billion-Dollar Ambitions

Polymarket gained mainstream traction during the 2024 U.S. presidential election, with its crypto-backed markets pricing real-time odds on political outcomes. The platform also lets users trade on a wide range of future events, including geopolitics, sports, and tech milestones.


The company is rumored to be closing in on a $200 million fundraising round at a $1 billion valuation, indicating strong investor confidence in its U.S. relaunch.



Crypto Insight

Polymarket's return under U.S. regulatory oversight could be a turning point for on-chain prediction markets. Its embrace of compliance over confrontation suggests a maturing crypto industry willing to play by the rules to scale.#ETHBreaks3700 #StablecoinLaw #BTCvsETH