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Polymarket Resumes Operations in the US

Polymarket Resumes Operations in the US

Polymarket resumes US operations in beta mode, confirmed by founder Shayne Coplan.

The prediction platform Polymarket has resumed operations in the US, albeit in beta mode. This was confirmed by the project’s founder, Shayne Coplan, at the Cantor Fitzgerald conference, reports Bloomberg.

He stated that the American version of the platform is “launched and operational,” providing access to event trading for a limited group of users. Polymarket is in the final stages of preparation for an official launch in the United States.

The return to the country was made possible after resolving a conflict with local regulators. The platform reached an agreement with the CFTC back in 2022 and paid a $1.4 million fine. However, in 2024, the platform attracted interest from law enforcement agencies.

The Department of Justice concluded its investigation into the platform in July 2025. The CFTC also withdrew its claims. Against this backdrop, Polymarket began its return to the US market by acquiring the licensed derivatives exchange QCX.

In October, the project received $2 billion from Intercontinental Exchange, the operator of the New York Stock Exchange. At that time, Polymarket confirmed the issuance of a token under the ticker POLY and the conduct of an airdrop.

The platform is currently negotiating for additional investments with a valuation of $12-15 billion.

Partnership with Yahoo

Polymarket has entered into an exclusive partnership with Yahoo Finance. In the coming months, the financial information provider will add a prediction markets section with data on key economic, political, and market events.

Recently, the platform also announced a collaboration with the fantasy sports betting app PrizePicks.

In early November, Google announced the integration of Kalshi and Polymarket prediction markets into search results as part of an AI update to Google Finance.

A New Competitor

Prediction markets are one of the main narratives of 2025. Robinhood and Gemini have already announced the launch of their own forecasting platforms.

On November 12, it was revealed that next month an analogous product from CME Group in collaboration with FanDuel will launch. The initiative will introduce a new app, FanDuel Predicts.

The platform will offer users contracts on sports events, cryptocurrency prices, oil, gas, stocks, and other underlying assets.

“Our new contracts—from underlying assets and economic indicators to sports events—are designed for a new generation of investors not yet represented in traditional markets. The launch will allow us to reach a fundamentally new audience, providing direct access to millions of FanDuel users in the US,” commented CME Group CEO Terry Duffy.

FanDuel is an American bookmaker launched in 2009. It is designed for betting on real and fantasy sports events.

Currently, the prediction markets sector is represented by two players—Kalshi and Polymarket. As of October, the combined trading volume on the platforms exceeded $7.5 billion.

Researchers from Columbia University found that over the past three years, approximately 25% of trading volume on Polymarket was accounted for by fictitious transactions.

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