TREE NEWS update: Blockchain.com has applied to the U.S. Commodity Futures Trading Commission for Designated Contract Market and Futures Commission Merchant licenses, seeking to offer event contracts and crypto derivatives to U.S. users. CEO Peter Smith said the company wants users to manage digital assets, trade derivatives and take part in real-world event prediction on one platform. Blockchain.com currently offers prediction markets to some international users via partner Polymarket and perpetual futures through Hyperliquid.
Blockchain.com Files With CFTC for Prediction Market and Crypto Derivatives Licenses
AI take
This filing signals a U.S.-regulated venue seeking to consolidate services it already offers internationally through partners like Polymarket and Hyperliquid, potentially pulling activity onshore. The move matters because it tests whether the CFTC will license a single platform for spot, derivatives and event contracts — a combination that has drawn enforcement scrutiny elsewhere. How the agency treats prediction-market event contracts, and whether this prompts similar applications from other offshore-facing platforms, is the open question.
Generated by AI for reference only.
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