Polymarket to re-enter U.S. market after acquiring tiny dervatives exchange
Main Idea
Polymarket acquired QCX LLC, a CFTC-licensed derivatives exchange, for $112M, enabling it to re-enter the U.S. market as a registered exchange.
Key Points
1. Polymarket acquired QCX LLC (QCEX), a CFTC-licensed derivatives exchange, for $112M.
2. The acquisition allows Polymarket to re-enter the U.S. market as a registered exchange.
3. QCX LLC is licensed by the Commodity Futures Trading Commission (CFTC).
Description
More on the Crypto Industry TLGY to merge with StablecoinX, to form first pure-play Ethena treasury company Blank-check company Dynamix stock soars after unveiling Ether Machine deal Peter Thiel-backed crypto exchange Bullish files for IPO Ethereum Takes The Hand As Bitcoin Finds Its Local Top
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