Morning Minute: Polymarket Prepares for Imminent U.S. Launch

Core Insights - Polymarket is set to reopen to U.S. users after four years, potentially as soon as today, following a no-action letter from the CFTC [2][3] - The reopening allows U.S. users to access Polymarket without a VPN, with compliance to U.S. regulations and a quick KYC process [4] - The relaunch is expected to significantly boost U.S. adoption of prediction markets [8] Timeline and Developments - In July, Polymarket acquired QCX/QC Clearing for $112 million, securing a CFTC-licensed exchange [6] - A no-action letter from the CFTC was issued on September 3, providing limited relief on event-contract reporting [6] - Polymarket has begun self-certifying event contracts, paving the way for the U.S. platform launch [6] Market Listings and Access - Initial listings are expected to include sports spreads/totals and election outcomes, with the potential for immediate availability after filing [7] - Access will begin on the official U.S. web app, with plans to expand to mobile platforms following necessary approvals [7] - The platform's filings indicate that listings will occur no earlier than October 2, 2025, but sources suggest it could open as soon as tomorrow [6]