Polymarket seeks approval to bring margin trading to U.S. customers
Prediction market platform Polymarket is seeking regulatory approval to offer margin trading to U.S. customers through its affiliate. This move aims to expand the platform's capabilities beyond simple wagering into broader financial information markets.
Polymarket's U.S. affiliate, Coming Home GBA LLC, filed for a futures commission merchant license with the National Futures Association, Bloomberg said, citing a company representative. Polymarket will also require authorization from the Commodity Futures Trading Commission (CFTC) for changes to its rulebook that would allow trading without fully collateralized positions.
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in