Polymarket Acquires QCEX for $112 Million: A Step Towards Regulated Crypto Trading in the U.S.

Polymarket has acquired QCEX, a CFTC-licensed exchange, for $112 million to secure regulatory compliance and expand its presence in the US market. This strategic move allows Polymarket to re-enter the US as a fully compliant platform for trading prediction markets by July 2025. The acquisition is expected to drive significant growth in the regulated crypto space.