#binance #hype #zec #near
21/07/25 15:18 UTC-04

Polymarket Acquires Exchange to Re-Enter the U.S. Market

Exchanges Exchanges
Exchanges Polymarket Acquires Exchange to Re-Enter the U.S. Market

Polymarket founder and CEO Shayne Coplan announced that demand for prediction markets is growing, and acquiring QCEX “will allow Americans to trade on a regulated prediction market platform.”

QCEX holds a CFTC license for derivatives trading, resolving regulatory issues that restricted Polymarket in 2022 when the platform paid a $1.4 million fine for operating without registration.

“Polymarket is the largest prediction platform in the world, synonymous with understanding event probabilities. Demand is at an all-time high — not only in user growth and trading volume, but also in how people turn to Polymarket to separate facts from noise, bias, and speculation,” Coplan said.

Forbes previously reported that Polymarket raised $70 million in investments in 2024 and recorded over $3.2 billion in trading volume.

Earlier last week, Bloomberg reported that the U.S. Department of Justice officially closed its investigation into Polymarket, with no financial or legal consequences for the company.

See also: "Coinbase Launches Perpetual Futures for U.S. Traders"

#Polymarket

Editor: Alyona Nabok
Comments

Similar

11/11/25 10:42 UTC-04

U.S. spot Solana ETFs see 10 consecutive days of inflows

On Monday, November 10, U.S. spot SOL ETFs recorded their tenth straight day of net inflows. According to data from SoSoValue, total net inflows into Solana spot ETFs on Monday amounted to $6.78 million, with $5.92 million flowing into Bitwise’s BSOL and $854,480 into Grayscale’s GSOL.

02/10/25 18:52 UTC-04

Polymarket Prediction Market Returns to the US After Four Years

Polymarket, a company developing prediction markets, is returning to the US market after being forced in 2022 to block American clients at the request of the Commodity Futures Trading Commission (CFTC). According to the statement, this will happen on October 3 — a few days earlier than the originally announced date of October 7.