Blockchain.com wants to bring prediction markets and derivatives to US users under one roof.
Per Decrypt, the company applied to the CFTC for a designated contract market license and a futures commission merchant license. Overseas it already offers event markets through a Polymarket partnership and perpetual futures powered by $HYPE's Hyperliquid.
My view: a federal license is also a shield. States have sued Kalshi and Polymarket, and a CFTC license would put Blockchain.com on the federal side of that fight. It is one of 11 other firms that filed for this license type this year.
💬 Would you trade event contracts inside the same app as your crypto wallet?
#PredictionMarkets #Hyperliquid
Per Decrypt, the company applied to the CFTC for a designated contract market license and a futures commission merchant license. Overseas it already offers event markets through a Polymarket partnership and perpetual futures powered by $HYPE's Hyperliquid.
My view: a federal license is also a shield. States have sued Kalshi and Polymarket, and a CFTC license would put Blockchain.com on the federal side of that fight. It is one of 11 other firms that filed for this license type this year.
💬 Would you trade event contracts inside the same app as your crypto wallet?
#PredictionMarkets #Hyperliquid