Blockchain.com seeks CFTC approval for prediction markets, crypto derivatives

Blockchain.com wants to bring prediction markets and crypto derivatives to American users. It has asked the US Commodity Futures Trading Commission for permission to do it. The company has filed applications for two CFTC licenses: a Designated Contract Market (DCM) license and a Futures Commission Merchant (FCM) license. The timing is notable. Blockchain.com is also preparing for an IPO that aims to raise approximately $500 million. What Blockchain.com is asking for A DCM lets a company operate a regulated exchange that lists contracts. An FCM lets it handle customer orders and funds tied to those contracts. The company plans to use the licenses to offer event contracts and crypto derivatives. Both retail and institutional customers are the intended audience. None of this is live in the US yet. The applications remain pending. Blockchain.com has not announced a timeline for an American launch. Already doing it abroad, through partners The US push would mirror products Blockchain.com already provides to international customers. Right now, it relies on outside platforms to deliver them. In July 2026, the company partnered with Polymarket to offer prediction markets. Earlier in 2026, ...