Polymarket has approached the US Commodity Futures Trading Commission (CFTC) about bringing its main on-chain prediction market to the United States, Bloomberg reported today, citing people familiar with the matter.
The reported move would mark a notable shift in the platform's push to operate fully within U.S. regulatory bounds. As The Defiant has reported, Polymarket today runs two separate platforms. The main, international on-chain exchange offers predictions on a wide range of event contracts and settles trades on Polygon using its own stable token, backed by USDC; Polymarket US is a more recently launched, separate platform, which provides U.S. users with access through licensed intermediaries, rather than interacting directly with the on-chain protocol.
The U.S. arm was built on the back of Polymarket's $112 million acquisition of CFTC-licensed derivatives exchange QCEX, and officially began its rollout in December 2025 after Polymarket had been barred from operating in the U.S. since 2022.
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