Polymarket applies to list sports event parlay contracts in the US
Svmuureported that Polymarket, a prediction market provider, submitted a self-certification document to the U.S. Commodity Futures Trading Commission (CFTC) on Wednesday, applying to list sports event parlay contracts in the US. These are multi-condition combined prediction contracts. Polymarket stated that the product is composed of two or more underlying sports event contracts. Only if all set sub-event outcomes occur will the contract settle at $1; otherwise, it becomes worthless. The documents indicate that the listing will not occur before May 21, 2026. Another document shows that Polymarket has requested the CFTC to keep relevant exhibits confidential, citing trade secrets. (CoinDesk)
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Source:Odaily · Source Link
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