Polymarket Buying CFTC-Licensed Exchange And Clearinghouse QCEX For $112 Million

By Amit Chowdhry • Jul 24, 2025

Polymarket, one of the largest prediction markets, announced it has acquired the holding company of a derivatives exchange licensed by the Commodity Futures Trading Commission (QCX, LLC) and its clearinghouse (QC Clearing) for $112 million.

This deal marks a significant step toward expanding access to Polymarket’s leading platform in the U.S., allowing more users to trade prediction market contracts with clear regulatory guidelines and confidence. As the world’s largest prediction market and a trusted source of real-time information, Polymarket continues to grow rapidly.

In the first half of 2025, users made approximately $6 billion in predictions on the platform. Recently, Polymarket formed an official partnership with X, further solidifying its position at the intersection of politics, markets, and culture.

The acquisition of QCX entities will enable U.S. users to access Polymarket soon within a fully regulated, U.S.-compliant framework. As prediction markets become more mainstream, Polymarket remains the leading platform to gauge global thoughts and future trends.

KEY QUOTES:

“Polymarket is the largest prediction market globally and has become synonymous with understanding the probability of current events. Demand is greater than ever — not just in user growth and trading volume, but in how mainstream audiences are turning to Polymarket to separate signal from noise, bias, and speculation. “Now, with the acquisition of QCEX, we are laying the foundation to bring Polymarket home — re-entering the US as a fully regulated and compliant platform that will allow Americans to trade their opinions.”

Shayne Coplan, Founder and CEO of Polymarket

“When we began the process to obtain our DCM & DCO licenses over 4 years ago, the prediction market was in its infancy. But we have long believed in its potential to change the way people access and understand information and express their views on that information. Shayne has built a cultural phenomenon in Polymarket.  I am excited to bring our companies together and leverage our licenses, technology, and expertise in the retail trading sector to help Polymarket reach its full potential.”

Sergei Dobrovolskii, Founder of QCEX