Blockchain.com Files for US Prediction Market and Derivatives Licenses

The move points to a structural shift: crypto platforms increasingly want to own the regulated venue rather than route users to offshore partners, which matters for how prediction markets get legitimized in the US. It also puts Blockchain.com in the same lane as exchanges already pursuing event contracts, raising the question of whether derivatives and prediction markets converge under one licensing framework. The absence of a decision timeline leaves the competitive impact unclear; whether the CFTC's review pace, and its treatment of event contracts, becomes the real bottleneck is the open question.