Polymarket Seeks CFTC Blessing to Bring Main Exchange Back to US

Polymarket is taking steps to try to bring its main exchange back to the US, according to people familiar with the matter, potentially supercharging an already fast-growing industry by letting Americans access the platform.

Since running afoul of regulators in 2022, Polymarket has technically banned Americans from trading on its international platform while a US-based alternative started by the company has failed to fully launch. In recent weeks though, the company has discussed lifting the prohibition on US-based customers with officials at the Commodity Futures Trading Commission, some of people said, asking for anonymity to discuss non-public information.

Shayne Coplan, chief executive officer of Polymarket, on the floor of the New York Stock Exchange

Photographer: Michael Nagle/Bloomberg