Polymarket Applies for US Futures License, Plans to Conduct Compliant Margin Trading

According to Bloomberg, prediction market platform Polymarket is seeking U.S. regulatory approval and plans to conduct margin trading operations in compliance. The company submitted an application to operate as a Futures Commission Merchant (FCM) to the National Futures Association (NFA) on July 3 through its subsidiary Coming Home GBA LLC. This move will allow users to participate in event betting with less capital and is expected to attract more professional traders to enter the market.