Polymarket Secures CFTC Approval to Re-Enter U.S. Market Amid Prediction Market Boom

Polymarket has regained access to U.S. customers after nearly four years of restrictions, following regulatory clearance from the Commodity Futures Trading Commission. The predictions platform, which allows betting on events ranging from financial markets to sports, completed its approval process in just four months—a fraction of the time such procedures typically require.

The return coincides with explosive growth in event-driven trading, with fintech giants like Robinhood and Coinbase alongside sports betting platforms like DraftKings vying for market share. Analysts draw parallels to the early days of sportsbook proliferation, where rapid expansion often came at the cost of profitability.

Prediction markets are emerging as the next frontier in speculative trading, with industry observers forecasting a potential "Gold rush" as the sector matures. The convergence of cryptocurrency infrastructure and traditional event betting could redefine how markets price real-world outcomes.