Prediction market platform Polymarket is preparing to relaunch its trading services in the United States by the end of November, according to a Bloomberg report citing people familiar with the matter.
Regulatory Clearance Paves the Way
The return comes after the U.S. Commodity Futures Trading Commission (CFTC) issued a no-action letter to a crypto derivatives exchange and clearinghouse recently acquired by Polymarket.
This regulatory green light allows the company to resume operations in the U.S. with limited trading features, primarily focused on sports prediction markets.
Polymarket CEO Shayne Coplan confirmed that the company now has “a clear path to operate in the U.S. legally.” If the relaunch proceeds as planned, Polymarket could reach a valuation of up to $10 billion, according to reports from September. As of June 2025, the company was valued at around $1 billion following a $200 million funding round.
Prediction Markets Gain Traction
As of October 28, Polymarket’s official website displayed a waitlist page announcing upcoming access for U.S. traders. This revival aligns with a broader surge in prediction markets, blending blockchain technology with event-driven speculation.
Meanwhile, Trump Media & Technology Group, co-founded by former U.S. President Donald Trump, has announced plans to launch its own prediction markets through the Truth Social platform, in partnership with Crypto.com. The collaboration positions it to compete with established platforms like Kalshi and Polymarket.
A Competitive U.S. Comeback
The renewed interest in on-chain prediction platforms reflects growing demand for alternative trading experiences, especially those merging crypto infrastructure with real-world events.
Polymarket’s return could reshape the U.S. prediction market landscape — reintroducing a platform that bridges decentralized betting, regulation, and mainstream participation.
