Polymarket to expand U.S. access with acquisition of QCEX for $112 million

Published 21/07/2025, 15:44
© Reuters

Investing.com -- Polymarket, the world’s largest prediction market, has acquired the holding company of a Commodity Futures Trading Commission-licensed derivatives exchange and clearinghouse for $112 million.

The acquisition of QCX, LLC and QC Clearing LLC (collectively "QCEX") represents a major step toward expanding Polymarket’s platform access in the United States, allowing more users to trade prediction market contracts with regulatory clarity.

"Polymarket is the largest prediction market globally and has become synonymous with understanding the probability of current events," said Shayne Coplan, Founder and CEO of Polymarket. "Demand is greater than ever — not just in user growth and trading volume, but in how mainstream audiences are turning to Polymarket to separate signal from noise, bias, and speculation. Now, with the acquisition of QCEX, we are laying the foundation to bring Polymarket home — re-entering the US as a fully regulated and compliant platform that will allow Americans to trade their opinions."

Sergei Dobrovolskii, Founder of QCEX, stated, "When we began the process to obtain our DCM & DCO licenses over 4 years ago, the prediction market was in its infancy. But we have long believed in its potential to change the way people access and understand information and express their views on that information. Shayne has built a cultural phenomenon in Polymarket. I am excited to bring our companies together and leverage our licenses, technology, and expertise in the retail trading sector to help Polymarket reach its full potential."

In the first half of 2025, users have made approximately $6 billion in predictions on the Polymarket platform. The company recently announced an official partnership with

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