Prediction market platform Polymarket is preparing to re-enter the U.S. market in the coming weeks, according to sources cited by Bloomberg. The platform is expected to resume operations by late November, with a primary focus on sports-related markets.
Access to the platform will initially be limited, and specific participation terms have not yet been disclosed. Polymarket’s website has opened a waiting list, allowing users to register their phone numbers to receive early updates on the launch.
This U.S. return follows Polymarket’s $112 million acquisition of derivatives exchange QCX, which helped resolve previous regulatory investigations by the CFTC and the Department of Justice. The relaunch also aligns with Polymarket’s efforts to raise new funding, targeting a valuation of up to $15 billion, and the eventual launch of its native token, POLY.
Industry observers see the return as a major step for Polymarket to re-establish its presence in the U.S. while expanding the reach of blockchain-based prediction markets to a broader audience.
