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Polymarket Quietly Relaunches in US with Limited Beta, Eyes Prediction Market Expansion

Polymarket Quietly Relaunches in US with Limited Beta, Eyes Prediction Market Expansion

Author:

Global Cryptocurrency

Published:

2025-11-13 04:41:01

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BTCCSquare news:

Polymarket has initiated a stealth relaunch in the US market, onboarding select users for live trading during its beta phase. The prediction platform, which settled a $1.4 million CFTC penalty in 2022, is testing its exchange infrastructure ahead of a broader rollout. Founder Shayne Coplan confirmed operational status at a Miami conference, signaling a strategic return after operating offshore.

The MOVE coincides with surging demand for event-driven wagering, amplified by last year's presidential election. Competitors like Kalshi maintain US operations, while FanDuel prepares a December prediction product launch. Polymarket's exchange model aims to capitalize on this momentum through its acquired QCX infrastructure.

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