Polymarket acquired the holding company behind QCX LLC and QC Clearing LLC for $112 million. The move will enable the prediction venue to serve American customers in compliance with federal regulations. The purchase arrives days after federal investigatorsclosed criminal and civil inquiriesinto Polymarket’s earlier US activity.

Polymarket acquired the holding company behind QCX LLC and QC Clearing LLC for $112 million. The move will enable the prediction venue to serve American customers in compliance with federal regulations. The purchase arrives days after federal investigatorsclosed criminal and civil inquiriesinto Polymarket’s earlier US activity.

Source: https://cryptoslate.com/polymarket-eyes-return-to-the-us-following-acquisition-of-cftc-licensed-qcex-for-112m/