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Polymarket Acquired CFTC-Registered Exchange QCX for $112 Million
AcquisitionCrypto

Polymarket Acquired CFTC-Registered Exchange QCX for $112 Million

•October 24, 2025
•Oct 24, 2025
0

Participants

Polymarket

Polymarket

acquirer

Qcx

Qcx

target

Deal Summary

Polymarket acquired QCX, a CFTC-registered derivatives exchange, for $112 million earlier in 2025 to enable a regulated U.S. relaunch. The purchase is intended to bring Polymarket’s prediction markets back to U.S. users in a regulated format and precedes plans for a native token and user airdrop.

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