Blockchain.com applies for US licences to offer prediction markets
By The Weekly Edge desk ·
Summary
Blockchain.com announced it has applied to the CFTC for Futures Commission Merchant and Designated Contract Market licences in the US. The company said the applications are a step towards bringing prediction markets and regulated trading to US users; it manages perpetual futures and event contracts for international clients. Separately, an IPO valued at $4 billion to $6 billion, with a reported $500 million raise, is reportedly in preparation, reported by Casino.org News.
Why it matters
The applications could enable Blockchain.com to seek approval to bring prediction markets and regulated trading to US users.