Polymarket quietly re-launched its U.S. trading platform in Beta mode.

On November 13, Bloomberg reported that the decentralized prediction market platform Polymarket has quietly relaunched in the U.S. in Beta mode. Founder Shayne Coplan reportedly stated at the Cantor Fitzgerald cryptocurrency conference that the U.S. platform is “up and running,” allowing selected users to bet on real contracts. The platform is reportedly in the final stages before officially opening in the U.S. This soft relaunch is a milestone for Polymarket after resolving the enforcement case with the Commodity Futures Trading Commission (CFTC) in 2022, which forced the company to relocate overseas and resulted in a $1.4 million fine. In July 2025, Polymarket acquired the licensed derivatives trading exchange and clearinghouse QCX, laying the regulatory groundwork for its return to the U.S. After relocating overseas, Polymarket achieved significant rise, especially during last year's U.S. presidential election. Last month, the platform set records with monthly volume, active traders, and the number of newly listed markets reaching all-time highs. However, its licensed competitor Kalshi in the U.S. surpassed it in trading volume in October. Following the full relaunch in the U.S., the platform is expected to launch its native cryptocurrency POLY, which has been confirmed by Polymarket's Chief Marketing Officer Matthew Modabber. This news has attracted more traders to participate in its prediction market as they hope to meet the undisclosed Airdrop eligibility requirements. As the prediction market sector gradually matures, becoming a legitimate fusion of information and finance, Polymarket has significantly expanded its influence through new major partnerships.