Polymarket Relaunches in US After 4 Years Offshore

Polymarket, a prediction market platform, has initiated a campaign to re-establish its presence in the United States after a four-year period of operating offshore. The company is actively working to persuade policymakers, regulators, the public, and potential customers that its newly established onshore operation is more rigorously managed than its previous offshore exchange, which had faced scrutiny for allegations of insider trading and controversial betting markets.

To achieve this, Polymarket has engaged social media influencers to create viral content on platforms like TikTok and is active on X (formerly Twitter), where its account has millions of followers. The company has also secured partnership agreements with prominent entities, including Major League Baseball and sports teams, as well as news organizations such as CNBC and CNN. This multi-faceted approach aims to position Polymarket's real-time markets as a more precise indicator of future events compared to traditional polling and expert commentary.

The U.S. public's prior access to Polymarket was curtailed in 2022 when the company settled federal charges for operating an unregistered derivatives market, leading to its offshore relocation. Despite these restrictions, American users reportedly found ways to access the offshore platform, which subsequently encountered criticism. Polymarket resumed U.S. operations at the close of 2025 following its acquisition of the derivatives exchange QCEX, thereby obtaining the necessary regulatory license.

Executives assert that the U.S. exchange operates independently from its international counterpart. To reinforce this separation and ensure compliance, Polymarket has recently appointed a team of specialists in compliance, surveillance, and regulatory affairs. Dan Lee, head of U.S. operations at Polymarket, stated in an interview that "Trust is the product we are building here." Lee joined Polymarket in February.