Updated
Updated · Bloomberg · Jul 9
Polymarket Seeks US FCM License in July 3 Filing to Launch Margin Trading
Updated
Updated · Bloomberg · Jul 9

Polymarket Seeks US FCM License in July 3 Filing to Launch Margin Trading

3 articles · Updated · Bloomberg · Jul 9

Summary

  • Coming Home GBA LLC, a Polymarket affiliate, filed on July 3 with the National Futures Association to operate as a futures commission merchant in the US.
  • That license would let Polymarket offer margin trading on prediction markets, allowing users to place bets with less capital upfront.
  • Polymarket is pursuing the approval to broaden its appeal beyond retail users and draw more sophisticated traders to the platform.

Insights

After a fake betting scandal, can Polymarket's move into high-risk leveraged trading win regulatory trust?
With states calling it gambling, can federal approval truly legitimize Polymarket's high-stakes event betting?