Polymarket applies for a US futures commission merchant license with the aim of providing margin trading

--

According to Bloomberg, the prediction market platform Polymarket is submitting a Futures Commission Merchant (FCM) application to the National Futures Association in the United States and requires approval from the Commodity Futures Trading Commission (CFTC) to provide margin trading functionality. Polymarket representative confirms that the application has been submitted, and this feature aims to attract institutional investors. Kalshi obtained an FCM license earlier this year and launched perpetual contracts, with trading volume exceeding $5.5 billion within two weeks. If Polymarket is approved, users will need to undergo additional identity checks.

24/7 Flashes

More >
Today 2026-07-10
02:50

BTC breaks through the $64000 mark

02:48

Bitwise releases third quarter report for 2026, with cryptocurrency market recording third consecutive quarter of negative returns

02:45

Kim Yong rok: South Korean financial regulatory authorities are monitoring the impact of single stock leveraged ETFs on the market

02:43

HSBC completes the first issuance of native digital structured products in Hong Kong

02:29

Relay Protocol warns Robinhood Chain of a large number of honeypot fraud tokens