The post Polymarket Pursues NFA Registration to Launch US Margin Trading Services appeared on BitcoinEthereumNews.com.
TLDR On July 3, Polymarket submitted regulatory applications to the National Futures Association seeking authorization for U.S. margin trading capabilities. PM Derivatives LLC filed for FCM registration, NFA membership, and Swap Firm designation on behalf of the platform. Additional approval from the CFTC remains necessary before Polymarket can launch leveraged trading services. Competitor Kalshi secured NFA authorization through Kinetic Markets LLC back in March 2026, giving it a significant advantage. June 2026 saw both platforms achieve unprecedented trading activity — Kalshi reached $33 billion while Polymarket totaled approximately $14 billion across entities. The prediction market platform Polymarket has submitted formal applications to the National Futures Association seeking permission to provide margin trading services to American customers. This capability would enable platform users to take positions on real-world outcomes while committing smaller initial capital amounts. Polymarket Seeks License to Offer Margin Trading Legally in US According to Bloomberg, Polymarket, the world’s largest prediction market platform, is seeking US regulatory approval to offer margin trading, allowing users to open positions without posting the full amount of… pic.twitter.com/Ah6CL2ZVWj — Wu Blockchain (@WuBlockchain) July 10, 2026 The regulatory submissions were lodged on July 3 via the entity PM Derivatives LLC. These applications encompass registration as a futures commission merchant, membership in the NFA, and designation as a Swap Firm. A related entity named Coming Home GBA LLC appears in the documentation as well. Securing NFA authorization represents merely the initial phase. Polymarket must also obtain authorization from the Commodity Futures Trading Commission before American users can access leveraged trading functionality on the platform. The company has not issued any official statement regarding these regulatory filings. The Block contacted Polymarket representatives for commentary but has not received a response. Kalshi Maintains Regulatory Advantage Polymarket’s primary rival, Kalshi, has already advanced considerably further in the approval…