预测市场平台 Polymarket 在结束了四年的海外运营后，于 2025 年底通过收购 QCEX 获得了监管许可，正式重新在美国开展业务 [1]。此次回归旨在应对此前因内幕交易指控和虚假营销引发的争议，公司试图借此重塑公众信任并重返美国市场 [1]。
为了加强合规与监管能力，Polymarket 聘请了多名具有深厚背景的高管团队 [1]。新任命的首席合规官 Megan McGrath 来自 Robinhood [1]；公司的执法主管和前监控主管则拥有前司法部及联邦调查局（FBI）官员的经历 [1]。
重新进入美国市场的 Polymarket U.S.平台将受商品期货交易委员会（CFTC）监管，并使用传统美元进行结算 [1]。与此同时，其国际平台将继续基于区块链技术运行并支持加密货币交易 [1]。在竞争对手方面，Polymarket 与 Kalshi 平台的总交易量已达 266 亿美元，其中 Kalshi 占据了约三分之二的市场份额 [1]。此外，Donald Trump Jr.通过其风投公司 1789 Capital 投资了 Polymarket [1]。
After operating overseas for four years, prediction platform Polymarket has secured regulatory approval to re-enter the U.S. market by acquiring QCEX at the end of 2025 [1]. The company aims to rebuild public confidence and address past controversies involving allegations of insider trading and false marketing through a renewed commitment to compliance [1]. To strengthen its regulatory framework, Polymarket has hired Megan McGrath as chief compliance officer from Robinhood [1], alongside law enforcement directors and former surveillance officers who previously worked for the Department of Justice and the FBI [1]. The U.S. version of the platform is now regulated by the Commodity Futures Trading Commission (CFTC) and utilizes traditional dollar settlements, distinguishing it from its international counterpart which operates on a blockchain using cryptocurrency transactions [1]. In terms of market scale, Polymarket's combined trading volume with rival Kalshi reached $26.6 billion, with Kalshi holding approximately two-thirds of the total share [1]. Notably, Donald Trump Jr., through his venture capital firm 1789 Capital, has invested in Polymarket [1].