According to The Block, Blockchain.com has applied for both a Digital Currency Money (DCM) and Futures Contract Maker (FCM) license with the U.S. Commodity Futures Trading Commission in order to operate U.S. prediction markets and crypto derivatives trading platforms. The application comes ahead of a planned $500 million initial public offering.
The licenses would permit Blockchain.com to offer regulated prediction market products and derivatives tied to digital assets under CFTC oversight. No details were provided regarding timing, scope beyond U.S. operations, or specific product types. The company’s filing indicates the request aligns with its upcoming IPO timeline.
Obtaining the DCM and FCM licenses would enable Blockchain.com to comply with current U.S. regulatory requirements for offering certain crypto-related financial products domestically. The CFTC continues to clarify rules around prediction markets and derivatives involving digital assets.
