Blockchain.com Files for CFTC Licenses to Offer Prediction Markets and Crypto Derivatives in the U.S.
Blockchain.com has applied for CFTC FCM and DCM licenses to launch prediction markets and crypto derivatives in the U.S. The firm already offers these products internationally and has cleared over $1.1 trillion in transactions with 44 million accounts. Approval would add a well-scaled player to a market currently dominated by one operator.
SCCG Take — This filing accelerates the regulated convergence of crypto platforms and event contracts. Investors should watch CFTC timelines closely as approvals will reshape competitive entry barriers for operators.
Blockchain.com is the latest cryptocurrency brokerage to pursue a regulated foothold in the U.S. prediction market industry. The Dallas-based firm announced it has filed applications for Futures Commission Merchant and Designated Contract Market licenses with the Commodity Futures Trading Commission, the federal regulator that oversees yes/no exchanges and classifies event contracts as swaps. These licenses would enable the company to process derivatives-based trades, custody client funds, and clear transactions for both institutional and retail participants.
The applications also cover plans to offer cryptocurrency derivatives to U.S. customers. Blockchain.com already provides perpetual futures and event contracts to clients in eligible international markets. This follows the company’s earlier announcements of self-custodied prediction market offerings and perpetual futures trading for users in eligible markets around the world, with the CFTC license applications serving as a step toward bringing similar prediction markets and regulated trading offerings directly to U.S. users in the Blockchain.com app.
Company Scale and Market Positioning
Blockchain.com operates in more than 70 countries. It has cleared more than $1.1 trillion in crypto transactions and maintains over 95 million wallets across more than 44 million confirmed accounts. The firm is privately held and is reportedly working on a $500 million initial public offering that could value it at $4 billion to $6 billion. If approved, it would join Coinbase Global, Crypto.com, Gemini, and Robinhood Markets as brokers with significant digital currency operations that also facilitate event contracts.
Regulatory Path and Competitive Signal
Approval of the FCM and DCM applications would mark a material expansion for Blockchain.com in a sector still dominated by a single major player. The move underscores the continued intersection of cryptocurrency infrastructure and prediction markets. Yet the timeline and outcome of the CFTC review remain uncertain, and the applications do not guarantee eventual market entry. For operators and investors tracking this space, the filing highlights how established crypto platforms are positioning for regulated U.S. access. The real test will be whether additional entrants can translate global scale into compliant domestic execution without diluting the precision that prediction markets require.
Reporting: Casino.org News
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