Polymarket Secures CFTC Approval for US Relaunch After Regulatory Overhaul
Polymarket returns to US operations under amended CFTC oversight, marking a strategic reversal of its 2022 ban for unregistered derivatives activity. The platform's acquisition of licensed clearinghouse QCX demonstrates proactive compliance—a necessary concession for regulatory re-entry.
Valuation ambitions now target $12B-$15B, up sharply from $9B in late 2023. This resurgence reflects growing institutional tolerance for prediction markets when structured within traditional regulatory frameworks.