Polymarket quietly relaunches US trading platform in beta mode: Bloomberg

Decentralized prediction market platform Polymarket has quietly relaunched its US trading platform in beta mode, according to Bloomberg. Founder Shayne Coplan confirmed the platform is operational for select users, marking a significant step following a 2022 enforcement case with the CFTC that previously forced the firm offshore. Polymarket resolved the case and laid regulatory groundwork by acquiring licensed exchange QCX in July 2025. Despite moving offshore, the platform saw significant growth, including record volumes last month, though it was recently outpaced by competitor Kalshi in October volume. Post-relaunch, Polymarket plans to roll out its native cryptocurrency, POLY, with traders anticipating an airdrop. Furthermore, the platform has expanded its influence by announcing partnerships with PrizePicks and becoming Yahoo Finance's exclusive prediction market partner, while major players like Gemini and CME Group are also entering the prediction market space.

(Source：The Block)