Polymarket Set to Reopen U.S. Operations After Regulatory Breakthrough
Polymarket, the blockchain-based prediction platform, is preparing to relaunch services for U.S. residents by November 2025 following a pivotal regulatory shift. The Commodity Futures Trading Commission's September no-action letter cleared the path for its return after a three-year absence—a period marked by the platform's $112 million acquisition of QCEX and rapid valuation growth.
Initial offerings will focus on sports betting, capitalizing on pent-up demand in a market that once forced Polymarket's exit over unregistered derivatives operations. The platform's valuation trajectory tells its own story: from $1 billion in June 2024 to a projected $10 billion, buoyed by a $2 billion investment from Intercontinental Exchange, parent company of the NYSE.
