Polymarket Targets Japan Market Entry, Appoints Representative in Push for 2030 Approval
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Decentralized prediction market platform Polymarket has set its sights on Japan, appointing a local representative and launching a formal lobbying effort aimed at securing government authorization by 2030.
Key facts
Polymarket, the blockchain-based prediction market that hit its first $10 billion monthly trading volume in March 2026, is making a calculated push into one of Asia’s largest and most regulated
Key Takeaways Polymarket appointed Japan rep Mike Eidlin and targets government approval for prediction markets by 2030
Polymarket hit $10B monthly volume in March, drawing 678,342 users in April versus rival Kalshi
Behind these offerings, the platform drew 678,342 unique users in April alone, more than eight times the implied user base of rival Kalshi
Summary
Key Takeaways Polymarket appointed Japan rep Mike Eidlin and targets government approval for prediction markets by 2030. Polymarket hit $10B monthly volume in March, drawing 678,342 users in April versus rival Kalshi. Japan approval hinges on the FSA classifying prediction markets as a new product class under local law.