Polymarket Opens Waitlist Access as US Relaunch Gains Momentum
Polymarket has initiated its US relaunch by granting waitlisted users access to its platform, starting with sports-related prediction markets. The MOVE follows regulatory clearance from the CFTC, marking a compliant return to the domestic market after years of absence. The platform's phased rollout is expected to expand to additional categories soon.
Investment interest in Polymarket remains robust, with ICE committing $2 billion at an $8 billion valuation. Analysts project the platform could reach a $10 billion to $15 billion valuation as new funding emerges. The prediction market sector continues its rapid growth, with weekly volumes approaching $1 billion across elections, sports, and global events.
Despite studies indicating up to 25% of trades may constitute wash activity, user engagement and platform visibility show no signs of slowing. The CFTC's no-action letter has provided the necessary regulatory framework for Polymarket's structured US comeback, beginning with sports contracts before broadening its market offerings.