Polymarket Makes $112M Power Move: Acquires QCEX to Relaunch U.S. Operations
Polymarket just placed a $112 million bet on its own comeback—and the house might finally win.
The prediction market giant snapped up QCEX exchange in a deal that clears the path for its U.S. return, proving even crypto's wildest gamblers occasionally hedge their bets.
Terms weren't disclosed, but insiders confirm the acquisition gives Polymarket critical infrastructure to bypass regulatory limbo. Because nothing solves compliance headaches like throwing nine figures at the problem.
Now watch as traders flood back to wager on everything from election odds to whether the Fed will cut rates before the bubble pops—again.