Polymarket, the crypto-betting platform that was kicked offshore by federal regulators, has struck a deal to return to the US market just weeks after prosecutors shut down a probe of the company.
The predictions marketplace has bought a little-known derivatives exchange and clearinghouse called QCX, that will help Polymarket to legally re-enter the US. The move will help formally open the betting site to US users after its surging popularity in 2024 when users placed millions of dollars of wagers on President
Polymarket founder Shayne Coplan
Photographer: Michael M. Santiago/Getty Images
The New York-based site run by
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