Polymarket has acquired QCX LLC for $112 million, securing a CFTC-regulated entity status to facilitate its U.S. launch. CEO Shayne Coplan announced on Twitter that the platform received a 'no-action' letter from the CFTC, allowing it to operate in the U.S. under a Designated Contract Market (DCM) license. The acquisition positions Polymarket to significantly impact prediction markets, stablecoin flows, and the DeFi ecosystem. With historical trading volumes of $877 million, Polymarket aims to emulate the success of Kalshi, which has achieved $291 million in volume under a CFTC license. The U.S. launch is anticipated to transform the prediction market landscape, enhancing user engagement and liquidity.