Polymarket can now work directly with brokerages and customers through intermediated access.
- Polymarket received an updated order from the CFTC authorizing the company to operate a fully regulated, intermediated platform in the U.S.
- The approval places Polymarket under the same federal framework that governs U.S. exchanges.
- The company can now integrate with brokerages and offer access through futures commission merchants.
Polymarket announced on Tuesday that the U.S. Commodity Futures Trading Commission (CFTC) has approved an updated order that allows the company to operate a fully regulated, intermediated trading platform in the U.S.
This means Polymarket can now function under the same rules that apply to federally regulated U.S. exchanges. On Stocktwits, retail sentiment around Polymarket, which is not a publicly traded company, was in ‘neutral’ territory with chatter at ‘high’ levels.
“This approval allows us to operate in a way that reflects the maturity and transparency that the U.S. regulatory framework demands.”
– Shayne Coplan, Founder and CEO, Polymarket
Intermediated Access Now Permitted
With this approval, Polymarket will be able to work directly with brokerages and customers and offer trading through U.S. venues. The company is now allowed to provide “intermediated access,” meaning users can trade through futures commission merchants (FCMs) and use the same custody, reporting, and market infrastructure that traditional financial firms rely on.
“We’re grateful for the constructive engagement with the CFTC and look forward to continuing to demonstrate leadership as a regulated U.S. exchange,” said Shayne Coplan, Founder and CEO of Polymarket.
To comply with the amended order, Polymarket said it has built improved market surveillance tools, supervision policies, clearing procedures, and regulatory reporting systems. The company plans to roll out additional rules and processes that apply to intermediated trading before the platform officially launches.
Get updates to this developing story <directly on Stocktwits.<
Read also: Bitcoin Reclaims $87,000 With XRP, Solana And Ethereum Leading Gains – Trend Reversal May Be Short-Term, Says Analyst
For updates and corrections, email newsroom[at]stocktwits[dot]com.<