Polymarket acquires the exchange QCEX for $112 million, U.S. compliance ticket in hand, next step issue coin?

robot
Abstract generation in progress

The decentralized prediction platform Polymarket announced on July 21 that it has acquired the CFTC-approved QCEX exchange and clearinghouse for $112 million, officially presenting a compliance ticket and re-entering the U.S. market. (Previous background: Polymarket predicts Ethereum trends: 76% of investors believe it will break through $3300 in July) (Background information: Is Musk paving the way for cryptocurrency? X platform collaborates with prediction market Polymarket) The decentralized prediction platform Polymarket announced on July 21 that it has acquired the CFTC-approved QCEX exchange and clearinghouse for $112 million, officially presenting a compliance ticket and re-entering the U.S. market. Compliance has become the only passport. Polymarket CEO Shayne Coplan stated in a statement: "This move lays the foundation for Polymarket's return to the U.S. market, allowing us to become a fully regulated and compliant platform." Looking back to 2022, Polymarket was forced to lock out U.S. users due to operating without registration under CFTC scrutiny. Now, through the acquisition of the licensed QCEX, Polymarket has filled all regulatory gaps at once, writing the word "legal" into its product description. A turning point after five years of drifting. However, during these five years of being blocked from the borders, Polymarket still delivered impressive numbers. According to platform data, Polymarket's trading volume in the first half of 2025 is about $6 billion, indicating strong demand. The official permission from CFTC defines prediction contracts as financial instruments regulated under the Commodity Exchange Act, cutting off concerns about "gambling"; and the conclusion of investigations by the U.S. Department of Justice and CFTC against Polymarket further alleviated concerns. Market value of information aggregators. It is worth mentioning that after last year's betting frenzy during the U.S. presidential election, some experts pointed out that Polymarket not only has a price pool but also acts as a real-time barometer of public opinion. Coplan believes that Polymarket can "distinguish signals, noise, biases, and speculation," and the implied probabilities formed by a large number of participants' bets are often viewed externally as real-time indicators of the probability of events occurring. During the 2024 U.S. presidential election, several media outlets cited Polymarket data as a thermometer. Recently, Polymarket also announced an official collaboration with Musk's X platform, attempting to further promote prediction data into mainstream communities. Next step: issue coins? Analysts point out that after obtaining a U.S. license, Polymarket's user base and trading volume are expected to expand again. For other fintech startups, entering regulated markets through the acquisition of licensed companies has proven to be a viable shortcut. The broader impact is that the prediction market is seen as an alternative data source, which may help supplement the time lag of traditional polls and research reports, allowing investment institutions to grasp faster information in event-driven trading. Additionally, it is worth mentioning that there has been speculation in the community that Polymarket may plan to launch its own native cryptocurrency (for example, The Information previously reported that Polymarket is considering issuing tokens to enhance market operations or as a financing tool), but as of July 2025, Polymarket's executives have not publicly confirmed any token issuance plans. Currently, Polymarket has obtained U.S. compliance licenses through acquisition, leading the community to believe that the platform is getting closer to the final timeline for issuing coins. Related reports: Polymarket predicts: NBA Thunder championship probability soars to 78%, the ratio flipped before the finals. Do Americans believe the Taiwan Strait will go to war? Polymarket predicts that China's invasion of Taiwan probability in 2025 has reached a new high of 16%. Polymarket is manipulated by oracle machines! Over $7 million bet on "yes or no reversal" losers win money. <Polymarket spent $112 million to acquire the QCEX exchange, gaining the U.S. compliance ticket, next step issue coin?> This article was first published in BlockTempo, the most influential blockchain news media.

ETH-4.61%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)