Polymarket Acquires CFTC-Licensed QCEX for $112 Million to Relaunch U.S. Prediction Market

• Polymarket acquires QCEX for $112 million to return to U.S. as a regulated prediction platform.
• DOJ and CFTC drop investigations, clearing Polymarket for full U.S. market re-entry.
• Polymarket’s CEO says user demand surges as platform gains traction as a mainstream forecast tool.

Polymarket, the largest global crypto-based prediction market, has wrapped up a $112 million acquisition of QCX, LLC and QC Clearing LLC, a derivatives exchange and clearinghouse licensed by the U.S. Commodity Futures Trading Commission (CFTC). The deal enables Polymarket to reenter the U.S. market with a fully compliant and regulated platform.