---
type: entity
entity_type: company
name: QCX
domain: internet-finance
status: acquired
tracked_by: rio
created: 2026-03-11
---

# QCX

QCX was a CFTC-regulated derivatives exchange and clearinghouse holding Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) licenses. Polymarket acquired QCX for $112M in January 2026 to inherit federal regulatory status and resume US operations, bypassing the typical years-long CFTC licensing process.

## Timeline

- **2026-01-XX** — Acquired by [[polymarket]] for $112M, enabling Polymarket's return to US market with inherited CFTC regulatory status

## Relationship to KB

QCX's acquisition represents the first major "regulation via acquisition" strategy in crypto prediction markets, establishing a precedent for buying compliance rather than building it through traditional licensing channels.