Polymarket Applies for US FCM License to Enable Margin Trading on Prediction Markets
Polymarket has applied for a Futures Commission Merchant (FCM) license in the U.S. through its affiliate, Coming Home GBA LLC, aiming to offer margin trading on prediction markets. The platform must secure approval from the Commodity Futures Trading Commission (CFTC) before launching non-fully collateralized contracts. This move positions Polymarket closer to regulatory parity with Kalshi, which already holds an FCM license.
Topics: CFTC regulation FCM license margin trading prediction markets