CatalystDerivatives
Blockchain.com filed with the CFTC for a DCM and an FCM license to run its own US event-contract and crypto derivatives venue rather than routing through Polymarket and Hyperliquid abroad. It's the 12
Blockchain.com seeks US approval for prediction markets and crypto derivatives expansion.
Context
What happened: Blockchain.com applied to the CFTC for two licenses, a designated contract market and a futures commission merchant, to offer event contracts and crypto derivatives to U.S. retail and institutional customers.
Key numbers: 11 other companies filed for DCM licenses this year; the CFTC approved six new ones in 2026; Bernstein projects a $10 trillion market.
Why it matters: The licenses would bring in-house what Blockchain.com now offers abroad via Polymarket and Hyperliquid, and a CFTC license offers cover from state gambling regulators suing prediction-market operators.
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What changed
Blockchain.com applied to the CFTC for two licenses, a designated contract market and a futures commission merchant, to offer event contracts and crypto derivatives to U.S. retail and institutional customers.
Why it matters
The licenses would bring in-house what Blockchain.com now offers abroad via Polymarket and Hyperliquid, and a CFTC license offers cover from state gambling regulators suing prediction-market operators.