The popular platform for plants for events in the future, PolyMarket, announced a breakthrough takeover of the Qcex derivative instruments for $ 112 million. This strategic transaction opens the way to return to the American market after a three -year ban.
History of PolyMarket – from startup to a global player
PolyMarket, founded as a platform for plants for events in the future, quickly gained popularity among users interested in “Prediction Markets”, the so -called Predictive markets. The company uses blockchain technology to enable trading contracts based on the likelihood of specific events – from election results to economic forecasts.
The peak moment of the popularity of the platform was the presidential election in the US in 2024, when Polymarket became the main source of election forecasts, attracting millions of users and generating record-breaking trade volumes during the Trump-Harris campaign.
Details of the acquisition of Qcex by PolyMarket
On July 21, 2025, PolyMarket officially confirmed the acquisition of Qcex – a derivative instrument exchange licensed by CFTC – in a transaction in an $ 112 million paid in cash and shares. The acquisition also includes QC Clearing, an account regulated by the CFTC, which gives a polymarket full regulatory infrastructure necessary for legal action in the US.
The transaction is of particular importance in the context of the history of a polymarket with American regulators. In 2022, the company had to pay $ 1.4 million penalties and blocked access to US users for offering unregistered binary options.
The end of regulatory investigations opens new possibilities
The key moment for PolyMarket was the completion of the investigations conducted by the Department of Justice (Doj) and the Term District Trade Commission (CFTC). Around July 15, 2025, both organs officially informed the company that their investigations in the matter of potential violations of trade rules in the US were closed without charging.
CEO PolyMarket, Shayne Coplan, commented:
Now, along with the acquisition of Qcex, we are building foundations under the return of Polymarket home – we are returning to the American market as a fully regulated and lawful platform.
Intensive competition on the Prediction Markets market
Sergei Dobrovolskii, the founder of Qcex, revealed that the process of obtaining a license began over 4 years ago, which shows long -term planning of this operation. PolyMarket currently collects $ 200 million in the financing round with a valuation of $ 1 billion, with the main investor of the founders fund.
Competition on the predictive market has intensified significantly recently. The main rival of PolyMarket, or Kalshi, recently raised $ 185 million in the Series C round run by Paradigm at a valuation of $ 2 billion in June 2025.
Impressive results and strategic partnerships
PolyMarket recorded a record trade volume of $ 2.6 billion in November 2024. The company also strengthened its position through a strategic partnership with Platform X (former Twitter) concluded in June 2025.
The takeover of Qcex is a breakthrough moment for the entire Prediction Markets sector in the USA, signaling a new era of regulated trade in plants for the events of the future in the world’s largest economy.
PolyMarket still remains a platform not regulated by law in Poland.
