Blockchain.com Seeks Approval for US Prediction Markets and Crypto Derivatives
Summary
Blockchain.com has applied to the CFTC for designated contract market and futures commission merchant licenses, which would allow it to run a U.S. event-contract exchange and broker cryptocurrency derivatives for retail and institutional customers. It currently offers prediction markets and perpetual futures to some international users through Polymarket and Hyperliquid partnerships. The applications come amid a rush by firms seeking federal approval and legal disputes over whether prediction markets fall under federal or state oversight. The company says it wants users to manage digital assets, trade derivatives and bet on real-world events in one platform.
