Polymarket Secures $112 million QCEX Deal Amid Key CFTC Relief

- Polymarket secures regulatory relief to launch U.S. event contracts. - $112 million QCEX acquisition signals bold reentry into U.S. markets. On September 3, 2025, Cointelegraph reported that Polymarket obtained CFTC regulatory relief following its acquisition of QCEX in July, creating a pathway for the company to expand its U.S. operations. The U.S. Commodity Futures Trading Commission (CFTC) issued a no-action letter to Polymarket and its new subsidiaries, QCX LLC and QC Clearing LLC, permitting them to offer certain event contracts without adhering to specific swap data reporting and recordkeeping obligations. Polymarket strategically acquired QCEX, a CFTC-licensed derivatives exchange and clearinghouse, for $112 million to reestablish itself in the U.S. market. This regulatory relief enables Polymarket to introduce fully collateralized event contracts without relying on third-party clearing members. The move underscores the company’s commitment to innovation and regulatory compliance. This development marks a pivotal moment in Polymarket's history, as the company returns to the U.S. after its 2022 exit following a CFTC settlement. The no-action letter represents a critical regulatory milestone and aligns with similar exemptions granted to other designated contract markets, which further legitimizes Polymarket’s operations. This strategic advance reflects the platform’s ambition to lead the prediction market space, leveraging its blockchain-based model to navigate the complexities of the U.S. regulatory landscape.