Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
(Photo by Richard Rodriguez/ for Blockchain.com)
Blockchain.com has applied to the Commodity Futures Trading Commission for two licenses that would let the digital asset platform offer event contracts and cryptocurrency derivatives to retail and institutional customers in the US, the company <a href="https://www.cnbc.com/2026/10/09/blockchain-com-cftc-prediction-markets.html” rel=”nofollow noopener” target=”_blank”>told CNBC.
The company is asking the CFTC to designate it a designated contract market, the license that allows a firm to operate a futures exchange. It is also seeking registration as a futures commission merchant, the category that covers brokers for derivatives contracts. Neither application has been approved.
“Users should be able to manage their digital assets, trade derivatives, and take positions on real-world events easily, without jumping between different apps,” Peter Smith, CEO and co-founder of Blockchain.com, said in a statement. “Our DCM and FCM applications build toward that future in the U.S. through the appropriate regulatory frameworks.”
Blockchain.com began offering prediction markets earlier this year through a partnership with Polymarket, along with perpetual futures powered by Hyperliquid, but only to some international customers. Approval of both applications would allow the company to operate its own exchange and act as a broker for US customers.
Crowded Field of Applicants
Blockchain.com joins 11 other companies that have filed this year for designated contract market licenses. The CFTC has approved six new contract markets in 2026.
Crypto companies have increasingly moved into prediction markets, and prediction market operators have moved into crypto products. Crypto.com and Gemini Space Station run their own event contract marketplaces, while Coinbase offers them primarily through a partnership with Kalshi. Kalshi and Polymarket have launched perpetual futures for US and international customers, respectively.
Federal registration has not settled whether states can treat sports-related event contracts as gambling. Coinbase agreed to halt Michigan sports contracts under a settlement with the Michigan Gaming Control Board that required it to stop offering new contracts and close open customer positions by Oct. 10. Michigan limits sports wagering to state-licensed operators, such as regulated Michigan sportsbooks.
Earlier this month, the Ohio Casino Control Commission ordered 10 prediction markets to stop offering sports contracts, with Coinbase among the recipients. The commission cited a Sept. 25 ruling by the 6th U.S. Circuit Court of Appeals that federal commodities law does not preempt Ohio’s sports gaming law.
At the center of those disputes is whether federally registered markets can offer sports contracts in states that require the same products to be licensed and regulated like wagers taken by US sportsbooks.
Blockchain.com is also preparing to go public. The company confidentially filed for an initial public offering with the Securities and Exchange Commission in May, and Bloomberg reported last month that it plans to list this year at a valuation of $4 billion to $6 billion.
Head of News Department
Sergey Demidov is Head of News at RG.org and has covered global sports since 2007. His work spans the Olympics, FIFA World Cups, IOC events, and Stanley Cup Finals. A former sports department deputy chief editor at Gazeta.Ru and TASS News Agency, and current senior editor at NHL.com/ru, Sergey has interviewed stars like Alex Ovechkin and Jaromir Jagr, former WADA and FIFA presidents Craig Reedy and Sepp Blatter, and coaches like Fabio Capello. He specializes in hockey and publishes in English and Russian.
Read Full Bio
Interests:
NHL
EPL
FIFA
UCL
NFL
NBA
BWF
Hiking
Reading
Movies
Food
FanDuel Bet $5 Get $50 in Bet Reset Tokens for 7 Days
Claim Bonus
21+. Bonus Terms & Conditions Apply. New customers only in AZ, CO, CT, IL, IN, IA, KS, KY, LA, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VT, VA, WV, & WY
Best Sportsbooks in US
Sportsbook & Score
Bonus
Reviews
Redemption
Key Advantages
92.87Read Review#0
Go to Website
Fanatics Get Up to $1,000 Matched in FanCashReviews
1778
Redemption
Within 3-7 days
Key Advantages
- Integrated Fanatics Rewards ecosystem
- Popular FanCash bonuses
- Clean, modern mobile-only experience
- Active in 24 states
Open
88.85Read Review#1
Go to WebsiteCopied!
SPORTS
Click to copy code
BetRivers 2nd Chance Up to $250 Bonus Bet + 500 Bonus Spins!Reviews
1842
Redemption
Within 1-5 days
Key Advantages
- Excellent bonus program
- Highly competitive odds
- Available in 15 states
- Welcome offer up to $500
Open
96.87Read Review#2
Go to Website
FanDuel Bet $5 Get $50 in Bet Reset Tokens for 7 DaysReviews
9323
Redemption
Within 1-8 days
Key Advantages
- Largest Sportsbook by U.S. Market Share
- Active online in 26 states
- Excellent bonus program
- Industry-leading product innovation
Open
92.85Read Review#3
Go to Website
Let’sBetMD Welcome Package up to $1,000Reviews
1
Redemption
Within 1-7 days
Key Advantages
- Maryland-focused sportsbook
- Strong focus on live betting options
- User-friendly, app-first experience
- Great bonuses program
Open
96.85Read Review#4
Go to Website
Hard Rock Sign Up: Bet $5 Get $500 in No Sweats BetsReviews
582
Redemption
Within 2-14 days
Key Advantages
- Backed by the Hard Rock Brand
- Excellent bonus program
- Exclusive Florida sportsbook operator
- Flex parlay offering
- Fast payments
At RG.org, we are committed to delivering high-quality, well-researched content to our readers. While we may receive commissions from partners for content placements, these financial incentives do not affect the objectivity or integrity of the information we provide. Any actions taken by readers based on this content are done so at their own risk. For further details, please review our updated Terms and Conditions, Privacy Policy, and Disclaimers.
More Betting News
Rugby League World Cup 2026 Odds: Australia Vs New Zealand Picks
Rugby League World Cup 2026 odds: Australia -141 to win it all, New Zealand +210. Opening-round lines, schedule in ET and four best bets.
8
10/10/2026
Sergey DemidovGambling
Analysis
White Sox Vs Guardians Game 5, Texas Vs Oklahoma: Best Bets Today
Best bets today, Oct. 10: White Sox vs Guardians ALDS Game 5 odds, Texas vs Oklahoma, Georgia vs Alabama, NHL and UFC prices compared.
8
10/10/2026
Sergey DemidovGambling
News Report
NBA’s Silver Says League Wants Access to Prediction Market Data
NBA Commissioner Adam Silver told CNBC the league wants prediction market data and more control of markets to detect insider trading and manipulation.
4
10/10/2026
Sergey DemidovGambling
News Report
NFL Urges Supreme Court to Hear New Jersey’s Kalshi Case
The NFL asked the Supreme Court to hear New Jersey’s Kalshi case, arguing sports event contracts are not swaps and federal safeguards fall short.
6
10/09/2026
Sergey Demidov
Prev
…
Next
Source: rg.org