Polymarket's Regulatory-Focused Beta Poses a Challenge to Leading U.S. Prediction Market Platforms

Bitget App

Trade smarter

Bitget

News

Markets

Polymarket's Regulatory-Focused Beta Poses a Challenge to Leading U.S. Prediction Market Platforms

Bitget-RWA2025/11/13 03:52

By:Bitget-RWA

- Polymarket relaunched its U.S. trading platform in beta after CFTC settlement and acquiring QCX, a licensed derivatives exchange. - The platform partners with Yahoo Finance and raised $205M, positioning itself as a compliance-focused rival to Kalshi Inc. - Blockchain integration enables instant settlements, while regulatory alignment and user trust remain critical for industry credibility. - Early traction shows expanded market offerings beyond sports/politics, challenging traditional prediction market d

Polymarket has discreetly reintroduced its U.S. trading service in a beta phase, signaling a calculated reentry into the American market after spending several years abroad. The platform, which enables users to place real-money bets on outcomes like political races and sports matches, is now open to a select group of participants after resolving regulatory issues and securing a licensed derivatives exchange, according to a

Cryptopolitan report

. This development follows the company’s settlement of a 2022 case with the Commodity Futures Trading Commission (CFTC), where Polymarket acknowledged operating an unregistered derivatives venue and agreed to pay a $1.4 million fine, as outlined in a

Columbia University study

Polymarket’s relaunch is centered on regulatory adherence, having acquired QCX—a derivatives exchange and clearinghouse approved by the CFTC—to ensure it operates legally within the United States.

Polymarket's Regulatory-Focused Beta Poses a Challenge to Leading U.S. Prediction Market Platforms image 0

The beta version features a more straightforward fee model and prioritizes openness, aiming to compete with established players like Kalshi Inc., which already holds a U.S. license, according to the

Cryptopolitan report

. By leveraging blockchain technology, Polymarket offers nearly instant trade settlements and complete transparency of transactions, distinguishing itself in a market where speed and decentralization are major advantages, as highlighted in the

Cryptopolitan report

The platform’s comeback aligns with a growing interest in prediction markets, especially as mainstream gambling firms like FanDuel begin to explore similar offerings, according to the

Cryptopolitan report

. In October, Polymarket announced a partnership with Yahoo Finance, making it the exclusive provider of prediction markets for the financial news leader and broadening its audience, as reported by the

Cryptopolitan report

. This alliance, together with a recent $205 million fundraising round that pushed the company’s valuation to $1.2 billion, as detailed in the

Columbia study

, reflects increasing institutional faith in the industry.

Although Polymarket has faced regulatory challenges in the past, its beta relaunch seems to be attracting users. Early adopters are already participating in live trades, and the company intends to gradually broaden its market categories beyond just sports and politics, according to the

Cryptopolitan report

. The firm’s current focus on compliance stands in contrast to its previous image, when a Columbia University study in October 2024 linked some of its inflated trading volumes to “wash trading,” as mentioned in the

Columbia study

. While Polymarket’s accuracy—exceeding 95% in the final hours of trading—remains a strong asset, as noted in the

Columbia study

, the long-term reputation of the sector will hinge on continued regulatory cooperation and user confidence.

As competition heats up in the U.S. prediction market space, Polymarket’s beta launch serves as both a trial of its regulatory strategy and a direct challenge to established firms. With Intercontinental Exchange Inc.—the parent company of the New York Stock Exchange—pledging up to $2 billion in venture investments, as reported in the

Cryptopolitan report

, Polymarket’s progress could redefine how Americans participate in event-driven forecasting, merging financial innovation with regulatory prudence.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- Pi Network's whale holdings near 375M tokens, signaling potential price surge amid technical upgrades and institutional interest. - Upcoming open mainnet launch and dApp growth validate network stability, supported by testnet success and productivity-driven valuation models. - Aggressive whale accumulation (1.23M tokens/day) and bullish chart patterns suggest a possible $0.50 rally, driven by AI-driven KYC and ISO certification efforts. - Expansion into decentralized AI training and a $100M investment in

Bitget-RWA•2025/11/13 06:34

Pi Network’s approach to valuation, centered on productivity, poses a challenge to conventional cryptocurrency assessment methods.

XRP News Update: Regulatory Changes Drive XRP Rally with ETF Approvals Approaching

- XRP surged to $2.6, a two-week high, driven by anticipation of upcoming spot ETF approvals led by Canary Capital, Bitwise, and Franklin Templeton. - Institutional demand grew as REX-Osprey and Canary ETFs attracted $186M in inflows, while Solana ETFs secured $335M, signaling altcoin market maturation. - SEC's review of XRP ETFs and a 2024 court ruling classifying XRP as a commodity, not a security, reinforced regulatory clarity amid Trump-era crypto-friendly policies. - Ripple's $1.1B stablecoin and stra

Bitget-RWA•2025/11/13 06:34

XRP News Update: Regulatory Changes Drive XRP Rally with ETF Approvals Approaching

Blockchain Connects Conventional and Digital Finance with Calastone’s Integration of Polygon

- Calastone partners with Polygon to tokenize fund distribution for 4,500 institutions across 58 markets, advancing blockchain adoption in institutional finance. - Polygon's proof-of-stake infrastructure enables sub-cent fees and instant settlements, bridging traditional markets with onchain efficiency while maintaining compliance. - Franklin Templeton expands its Benji platform to Canton Network, a private blockchain for institutional tokenized assets, highlighting hybrid solutions balancing privacy and t

Bitget-RWA•2025/11/13 06:34

XRP News Today: Memes and Markets Collide as First U.S. MOG ETF Application Fuels Speculation and Discussion

- Canary Capital filed first U.S. spot ETF for Mog Coin (MOG), a meme-based token, expanding crypto ETF options. - MOG's price rose 5.5% temporarily despite trading at fractions of a cent and an 80% annual decline. - The SEC's new generic ETF standards enabled niche token filings, with Canary's XRP ETF set for Nasdaq listing. - Critics warn memecoin ETFs prioritize speculation over utility, but $575M in altcoin ETF inflows show growing demand. - MOG ETF's 5% ETH allocation and cultural branding risks highl

Bitget-RWA•2025/11/13 06:34