Prediction Markets

Blockchain.com Becomes Latest Crypto Major to Enter U.S. Prediction Markets

Posted on: October 13, 2026, 01:25h.

Last updated on: October 14, 2026, 04:58h.

Written by

Todd Shriber Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News...
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Key Points

Blockchain.com filed applications for Futures Commission Merchant (FCM) and Designated Contract Market (DCM) licenses with the CFTC
The platform already offers self-custodied prediction markets and derivative products to international users outside the U.S.
The company operates across 70 countries, reporting more than 44 million verified accounts and $1.1 trillion in total transaction volume

Blockchain.com is the latest major cryptocurrency platform aiming to tap into the booming U.S. prediction market industry.

The Dallas-based company announced today it has filed applications for Futures Commission Merchant (FCM) and Designated Contract Market (DCM) licenses with the Commodity Futures Trading Commission (CFTC)—the federal regulator overseeing binary and event contract exchanges in the U.S.

FCM permits, which are obtained through the National Futures Association (NFA), are essential for exchange operators because those licenses allow holders to process derivatives-based trades and custody client funds.

Registered with the CFTC, DCMs are open to both institutional and retail traders and are eligible to clear trades involving futures, options and swaps, meaning DCMs can operate as prediction markets. The CFTC classifies event contracts as swaps.

Credible Prediction Market Player

Beyond its prediction market initiative, Blockchain.com is applying to offer cryptocurrency derivatives to U.S. customers. The company already manages perpetual futures (“perps”) and event contracts for international clients.

“Earlier this year, Blockchain.com announced self-custodied prediction market offerings and perpetual futures trading for users in eligible markets around the world,” said the company in a statement. “The CFTC license applications are a step toward bringing similar prediction markets and regulated trading offerings directly to U.S. users in the Blockchain.com app.”

Industry metrics suggest Blockchain.com could establish a meaningful foothold in a U.S. prediction market sector that has historically been dominated by a small group of incumbents.

Operating across more than 70 countries, Blockchain.com reports processing more than $1.1 trillion in crypto transactions and hosting over 95 million wallets across 44 million verified accounts.

Crypto and Prediction Markets Converge

As the prediction market industry expands, digital asset platforms and event contract venues are increasingly merging.

On the retail front, Blockchain.com is the latest crypto brokerage to target event contracts. If the CFTC approves its DCM and FCM filings, the firm will join Coinbase Global (NASDAQ: COIN), Crypto.com, Gemini Space Station Inc. (NASDAQ: GEMI) and Robinhood Markets (NASDAQ: HOOD) among major crypto-adjacent brokerages offering regulated prediction products.

Privately held Blockchain.com is reportedly preparing for a $500 million initial public offering (IPO) that could value the business between $4 billion and $6 billion.

Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org.

Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019.

Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com.

He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better.

Contact Todd at todd.shriber@casino.org.