Polymarket · New York · The Block
Blockchain.com seeks CFTC greenlight for US prediction markets, crypto derivatives trading: CNBC
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Blockchain.com, a crypto wallet and trading platform, has applied for a pair of U.S. licenses to offer prediction markets and crypto derivatives, Friday.
Key facts
- Users should be able to manage their digital assets, trade derivatives and take positions on real-world events easily, without jumping between different apps," CEO and co-founder Peter Smith said
- Blockchain.com is also preparing for a potential public listing, confidentially filing for an IPO
- Blockchain.com, a crypto wallet and trading platform, has applied for a pair of U.S. licenses to offer prediction markets and crypto derivatives, Friday
- Approval of those licenses, specifically a designated contract market license and registration as a futures commission merchant, falls under the purview of the Commodity Futures Trading Commission
Summary
Approval of those licenses, specifically a designated contract market license and registration as a futures commission merchant, falls under the purview of the Commodity Futures Trading Commission. "Users should be able to manage their digital assets, trade derivatives and take positions on real-world events easily, without jumping between different apps," CEO and co-founder Peter Smith said cited by CNBC. Blockchain.com already offers prediction markets through Polymarket and perpetual futures via Hyperliquid, but currently only to non-U.S. customers. This follows a September agreement with the New York Stock Exchange to give Blockchain.com users access to tokenized U.S. stocks and ETFs through the exchange's planned digital trading platform.