f43ea4e491
- Source: inbox/archive/2026-01-20-polymarket-cftc-approval-qcx-acquisition.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
856 B
856 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 holding Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) licenses. Polymarket acquired QCX for $112M in January 2026 to inherit these licenses and resume US operations, bypassing the typical multi-year licensing process.
Timeline
- 2026-01-20 — Acquired by Polymarket for $112M, transferring DCM and DCO licenses to enable Polymarket's return to US market
Relationship to KB
- Polymarket vindicated prediction markets over polling in 2024 US election — QCX acquisition enabled Polymarket's regulatory re-entry after 2022 CFTC settlement banned US operations
- polymarket.md — acquired by Polymarket