Polymarket is seeking regulatory approval to offer margin trading to customers in the United States, a change that would allow users to open positions with less upfront capital. Bloomberg reports that Polymarket’s U.S. affiliate, Coming Home GBA LLC, filed to become a futures commission merchant with the National Futures Association. The proposal also requires authorization from the Commodity Futures Trading Commission to change Polymarket’s rulebook so trading would not always be fully collateralized.
The news comes as prediction markets continue to expand and as the sector explores products that resemble traditional financial markets. Margin trading would enable yes-or-no wagers on event outcomes—such as sports, weather, elections, and other public developments—using leverage-like mechanics rather than requiring full collateral for each position from the start.
Polymarket’s effort follows its earlier exit from serving U.S. customers, which came after the company agreed to a $1.4 million settlement with the CFTC four years ago over allegations that it offered unregistered event-based derivatives. Polymarket also recently launched a campaign aimed at regulators and policymakers to demonstrate compliance and trustworthiness. Polymarket did not provide additional comment in the reporting.
