Polymarket Returns to U.S. With CFTC Approval as Analyst Flags Coinbase Distribution Potential

Polymarket has resumed operations in the U.S. after securing an Amended Order of Designation from the CFTC, allowing it to roll out a domestic app with an initial focus on sports event contracts. Analyst Owen Lau at Clear Street argues that the platform's ultra-low fee model and eventual expansion into political and crypto markets could make prediction markets a useful user-engagement and retention feature for large exchanges such as Coinbase, despite ongoing fragmented state-level regulation.