Polymarket has applied to enable users to engage in margin trading, following a similar approval granted to competitor Kalshi earlier this year.
By Olivier Acuna|Edited by Sheldon Reback Jul 10, 2026, 9:35 a.m. 1 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on Polymarket advances in its comeback to the U.S. (Kanchanara/Unsplash)SummaryShow- Polymarket's U.S. division has applied for a National Futures Association license to provide margin trading to American users.
- The company also requires approval from the CFTC to modify its rules, allowing trading without full collateralization.
- This initiative is part of Polymarket's strategy to re-enter the U.S. market after a four-year hiatus.
The prediction market platform Polymarket has submitted a request for a license that would allow margin trading for U.S. users, enabling them to make trades with reduced initial investment, as reported by Bloomberg on Thursday.
According to a company spokesperson, Polymarket’s U.S. affiliate, Coming Home GBA LLC, has filed for a futures commission merchant license with the National Futures Association. Additionally, authorization from the Commodity Futures Trading Commission (CFTC) will be necessary for modifying its rules to permit trading without full collateralization.
Platforms like Polymarket and Kalshi facilitate binary wagers on various events, including sports, elections, and weather. Margin trading allows investors to open positions without a complete upfront investment, a common practice in traditional financial markets. Kalshi secured approval for margin trading in March.
Polymarket's application comes as the prediction market sector experiences significant growth. Trading volumes reached $51 billion last year and are projected to hit approximately $240 billion by 2026. According to Bernstein, Wall Street brokers anticipate that the volume could increase to $1 trillion by 2030 as the industry evolves from a niche market to broader “information markets” covering sports, cryptocurrencies, politics, and economics.
This application follows a marketing effort announced by Polymarket on Wednesday aimed at building trust with regulators, policymakers, and potential users. Previously, the company had ceased operations for U.S. customers as part of a $1.4 million settlement with the CFTC, which accused it of offering unregistered event-based derivatives.
Polymarket has not responded to a request for comment from CoinDesk.
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Digital Assets: Quarterly Review and Outlook Q2
Digital Assets: Quarterly Review and Outlook Q2
Digital assets experienced a third consecutive quarter of losses in Q2 2026, marking the longest downturn since the 2022 bear market, as institutional investments shifted toward AI stocks and Bitcoin ETFs saw their largest quarterly outflow since inception. This report analyzes the driving factors behind the divergence, the areas of ongoing structural adoption, and the indicators to watch for Q3.
By CoinDesk Research1 hour agoDigital assets experienced a third consecutive quarter of losses in Q2 2026, marking the longest downturn since the 2022 bear market, as institutional investments shifted toward AI stocks and Bitcoin ETFs saw their largest quarterly outflow since inception. This report analyzes the driving factors behind the divergence, the areas of ongoing structural adoption, and the indicators to watch for Q3.
Why it matters:
Digital assets experienced a third consecutive quarter of losses in Q2 2026, marking the longest downturn since the 2022 bear market, as institutional investments shifted toward AI stocks and Bitcoin ETFs saw their largest quarterly outflow since inception. This report analyzes the driving factors behind the divergence, the areas of ongoing structural adoption, and the indicators to watch for Q3.
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