Polymarket Gets CFTC Approval to Relaunch Fully Regulated U.S. Platform
Crypto prediction platform Polymarket has received approval from the U.S. Commodity Futures Trading Commission (CFTC), to relaunch a fully regulated trading system and allow U.S. customers to join and trade on the platform.
Polymarket noted that with this approval, it can onboard brokerages and U.S. customers directly, facilitate trading on U.S. exchanges, and provide intermediated access so users can trade through licensed firms using standard market systems and reporting channels.
This update comes two months after Polymarket received the CFTC’s initial approval to return to the U.S. According to Shayne Coplan, the CEO of Polymarket, the new approval allows the company to operate more professionally and transparently which meets U.S. regulations.
Coplan thanked the CFTC and highlighted that Polymarket plans to continue delivering value while demonstrating leadership as a fully regulated U.S. exchange.
Polymarket Prepares for U.S. Return with Updated Systems
Polymarket has revealed that, under the updated CFTC order, it has enhanced its monitoring systems, trading rules, clearing processes, and regulatory reporting, which are required for official U.S. trading markets.
The platform also plans to introduce additional rules and procedures for intermediate trading to improve compliance, strengthen internal controls, and ensure all markets on the platform remain secure and trustworthy. These intermediated measures will help protect users, enhance market oversight, and officially establish Polymarket as a regulated platform for real-money event prediction in the U.S.
In addition to these system upgrades, Polymarket has expanded its prediction market. In October, it raised $2 billion from ICE, the parent company of the NYSE, at a $9 billion valuation. The company is now reportedly planning another funding round at a $12 billion valuation and has hinted at launching a POLY token as its own native platform token.