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- 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>
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856 B
Markdown
22 lines
No EOL
856 B
Markdown
---
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type: entity
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entity_type: company
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name: QCX
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domain: internet-finance
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status: acquired
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tracked_by: rio
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created: 2026-03-11
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---
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# QCX
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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.
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## Timeline
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- **2026-01-20** — Acquired by Polymarket for $112M, transferring DCM and DCO licenses to enable Polymarket's return to US market
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## Relationship to KB
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- [[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
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- [[polymarket.md]] — acquired by Polymarket |