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Benzinga
Benzinga
Business
Aniket Verma

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

Polymarket CFTC Shayne Coplan United States Donald Trump Crypto
Stuttgart,,Germany,-,11-27-2024:,Person,Holding,Mobile,Phone,With,Logo

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.

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