ae6f98e332
- Source: inbox/archive/2026-01-20-polymarket-cftc-approval-qcx-acquisition.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
874 B
874 B
| type | entity_type | name | domain | status | tracked_by | created |
|---|---|---|---|---|---|---|
| entity | company | QCX | internet-finance | acquired | rio | 2026-03-11 |
QCX
QCX was a CFTC-regulated derivatives exchange and clearinghouse with Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) licenses. Polymarket acquired QCX for $112M in January 2026 to inherit these licenses and enable return to US operations, bypassing the years-long de novo licensing process.
Timeline
- 2026-01-XX — Acquired by Polymarket for $112M, providing DCM and DCO licenses that enabled Polymarket's return to US operations
Relationship to KB
- polymarket — acquired QCX to inherit CFTC regulatory licenses
- Polymarket achieved US regulatory legitimacy through $112M QCX acquisition establishing prediction markets as CFTC-regulated derivatives — the acquisition strategy