Polymarket Relaunches U.S. Mobile App With CFTC Approval
Polymarket has officially returned to the U.S., unveiling a mobile app that allows users to trade on sports and proposition markets with real money under federal oversight. The company announced the launch Wednesday on X.
The iOS app is rolling out gradually via a waitlist, with Android support expected soon.
This comeback follows a 2022 regulatory pause, when the Commodity Futures Trading Commission (CFTC) barred Polymarket from U.S. operations over unregistered event-based derivatives, resulting in a $1.4 million settlement. Since then, the platform has restructured to fully comply with federal regulations.
With CFTC approval, Polymarket now functions as an intermediated exchange, similar to traditional commodities platforms, and emphasizes it is not a sportsbook but a venue for trading on real-world event outcomes.
Initially focused on sports markets, the app plans to expand into proposition bets. Polymarket’s U.S. return comes amid growing interest in prediction markets, which offer insights into public sentiment and expectations on elections, policy decisions, and economic developments.
