Polymarket acquired the holding firm behind QCX LLC and QC Clearing LLC for $112 million, securing a Commodity Futures Buying and selling Fee (CFTC)-regulated trade and clearinghouse.
In line with the July 21 announcement, the motion will allow the blockchain prediction venue to serve American prospects in compliance with federal laws.
Regulatory reset precedes deal
The acquisition arrives days after federal investigators closed prison and civil inquiries into Polymarket’s earlier US exercise. The Justice Division and the CFTC despatched letters this month, ending probes that started after a January 2022 settlement required the platform to dam US customers.
Brokers escalated the matter in November, raiding founder Shayne Coplan’s New York condo as the positioning processed roughly $2.6 billion in election-season wagers. Coplan later stated Polymarket “cooperated and engaged” with authorities and “has been cleared of any wrongdoing.”
QCEX founder Sergei Dobrovolskii spent 4 years securing designated contract market and derivatives clearing group licenses.
Coplan known as the acquisition “the inspiration to deliver Polymarket residence,” saying home entry will let merchants worth present occasions “with regulatory readability and confidence.”
Dobrovolskii stated combining QCEX’s licenses with Polymarket’s order stream can “change the way in which individuals entry and perceive data.”
Market share and product scope
Polymarket processed roughly $6 billion in quantity in the course of the first half of 2025 and introduced an data partnership with X final month.
The agency operates automated markets on Polygon, the place merchants stake stablecoins on binary outcomes, starting from elections to sports activities. QCEX’s licenses allow listed contracts on financial indicators, monetary benchmarks, and occasion derivatives, offered they meet the CFTC’s public-interest exams.
Polymarket acknowledged that it’ll collaborate with regulators to align current markets with compliant rule units earlier than opening onboarding for US accounts.
The corporate didn’t present a launch date, however acknowledged that the combination of QCEX know-how and clearing capabilities is underway.
As soon as stay, American customers will put up margin and settle payouts via QC Clearing, bringing prediction contracts below the identical safeguard regime that governs commodity futures.
Polymarket stated the transfer aligns its international person expertise with US oversight and positions the venue for additional institutional participation.
