Polymarket Acquires Derivatives Exchange QCEX for $112M to . . . Key Takeaways: Polymarket acquired QCEX for $112M to gain a regulated foothold in the US market The deal follows the closure of a federal investigation that had hindered Polymarket’s US expansion Polymarket is poised to re-enter the country legally
Polymarket Set to Reenter US After $112M Acquisition of QCEX Polymarket is planning to reenter the US market after Monday's announced acquisition of CFTC-licensed QCEX, which includes a derivatives exchange and clearinghouse based in Florida
Polymarket acquires QCEX for $112M - Blockworks Polymarket announced that it acquired derivatives exchange QCEX for $112 million on Monday The deal allows Polymarket to re-enter the US market, which it left after settling with the CFTC in 2022 The regulator fined the prediction market $1 4 million at the time “The transaction marks a significant step toward expanding access to Polymarket’s category-defining platform in the United
Polymarket Buys QCEX for $112M, Expands U. S. Presence Prediction platform Polymarket has acquired derivatives exchange QCEX, licensed by the U S Commodity Futures Trading Commission (CFTC), for $112 million According to a press release, the deal "represents a landmark step" in expanding access for users in the United States to the world's largest