Polymarket Targets $10B Valuation in US Comeback Bid

Polymarket's valuation surges toward $10 billion following a pivotal funding round and regulatory clearance. The prediction market platform, now CFTC-approved after its 2022 binary options controversy, marks its US return with the strategic acquisition of QCX. Donald TRUMP Jr.'s board appointment underscores ambitions to reclaim market share.

The blockchain-based forecasting platform has attracted global capital by offering real-time event predictions. Its September 2025 regulatory greenlight removes the final barrier to US operations—a market that previously accounted for 40% of its user base before the CFTC intervention.

Founder Shayne's team has rebuilt the infrastructure with enhanced compliance safeguards. Institutional investors are reportedly circling as Polymarket prepares to relist on major exchanges, with derivatives products expected by Q1 2026.