Close Menu
New York Daily News Online
    Facebook X (Twitter) Instagram Pinterest YouTube
    Facebook X (Twitter) Instagram YouTube TikTok
    New York Daily News OnlineNew York Daily News Online
    • Home
    • US News
    • Politics
    • Business
    • Technology
    • Science
    • Books
    • Film
    • Music
    • Television
    • LifeStyle
    • Contact
      • About
      • Amazon Disclaimer
      • DMCA / Copyrights Disclaimer
      • Privacy Policy
      • Terms and Conditions
    New York Daily News Online
    Home»Business

    Blockchain.com seeks U.S. approval for prediction markets, crypto derivatives trading

    AdminBy AdminOctober 9, 2026Updated:October 11, 2026 Business
    Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit
    Blockchain.com seeks U.S. approval for prediction markets, crypto derivatives trading


    Blockchain.com, a digital asset platform, wants to get in on the prediction market boom in the U.S.

    The company has filed for two licenses with the Commodity Futures Trading Commission to feature event contracts as well as cryptocurrency derivatives to retail and institutional customers in the U.S., Blockchain.com told CNBC.

    Blockchain.com is asking the CFTC — the federal regulator for futures and derivatives — to designate it a futures exchange by receiving a designated contract market license. It also asks to be registered as a futures commission merchant, which are brokers for derivatives contracts.

    “Users should be able to manage their digital assets, trade derivatives, and take positions on real-world events easily, without jumping between different apps,” said Peter Smith, CEO and co-founder of Blockchain.com, in a statement. “Our DCM and FCM applications build toward that future in the U.S. through the appropriate regulatory frameworks.”

    Blockchain.com earlier this year began offering prediction markets through a partnership with Polymarket, as well as perpetual futures powered by Hyperliquid, to some of its customers internationally.

    Crypto-related companies have increasingly sought to participate in prediction markets, and vice versa. Digital asset exchanges Crypto.com and Gemini Space Station have their own event contract marketplaces, while Coinbase offers them primarily through a partnership with Kalshi. Meanwhile, Kalshi and Polymarket have launched perpetual futures — one of crypto’s most popular trading products — for U.S. and international customers, respectively.

    Blockchain.com also joins 11 other companies that have filed this year alone to seek approval for DCM licenses. The CFTC has approved six new DCMs in 2026.

    The company is also in the midst of a move to the public markets. It confidentially filed for an initial public offering with the Securities and Exchange Commission in May, and Bloomberg reported last month that it was planning to go public this year targeting a valuation between $4 billion to $6 billion.

    Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment.

    View Original Article Here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit

    you might also be interested in...

    Softwares new consolidator gets big vote of confidence from Berkshire

    Dead money for a decade: Why this hedge fund approach may deliver an advantage over bonds

    U.S. presses China on Mastercard, Citigroup market access in bilateral Bangkok talks, official says

    China indicates rare earths will keep flowing to EU, regardless of U.S. trade deal expiration

    Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic's Mythos

    JPMorgan Chase blocks outside AI agents like Muse, Instinct from directly accessing accounts

    Popular Posts

    Academy Museum Gala: Taylor Swift, Sabrina Carpenter, Jennifer Hudson, Connor Storrie, More Stars Walk the Carpet

    You dont have to turn off your phone to switch SIM cards (but you probably should) – Engadget

    Arizona joins Nevada to fight proposed cuts to their shares of Colorado River

    Leaked gameplay purports to show a canceled Assassins Creed game set in ancient China – Engadget

    ICE agent who crashed into man in Texas was targeting suspect who died years ago, family says

    Softwares new consolidator gets big vote of confidence from Berkshire

    Categories
    • Books (2,356)
    • Business (3,324)
    • Cover Story (61)
    • Events (95)
    • Feature (6)
    • Film (1,806)
    • LifeStyle (2,356)
    • Music (2,733)
    • Politics (2,213)
    • Science (2,650)
    • Technology (2,596)
    • Television (2,733)
    • Uncategorized (34)
    • US News (3,173)
    Archives
    Useful Links
    • Contact
    • About
    • Amazon Disclaimer
    • DMCA / Copyrights Disclaimer
    • Privacy Policy
    • Terms and Conditions
    Archives
    Categories
    • Books
    • Business
    • Cover Story
    • Events
    • Feature
    • Film
    • LifeStyle
    • Music
    • Politics
    • Science
    • Technology
    • Television
    • Uncategorized
    • US News
    Facebook X (Twitter) Instagram YouTube TikTok
    © 2026 New York Daily News Online. All rights reserved. All articles, images, product names, logos, and brands are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Terms of Use and Privacy Policy.

    Type above and press Enter to search. Press Esc to cancel.