Digital asset platform Blockchain.com hopes to ride on the wave of the American predictive market craze.
The company informed CNBC that it has submitted two licensing applications to the Commodity Futures Trading Commission (CFTC) of the United States, with the aim of providing event contracts and cryptocurrency derivatives trading services to retail and institutional customers in the US.
Blockchain.com is requesting CFTC – the federal regulatory agency responsible for futures and derivatives – to designate it as a futures exchange by granting it licenses for its designated contract markets (designated contract market DCM). The company has also applied to be registered as a futures commission merchant (futures commission merchant FCM), that is, a broker of derivative contracts.
Blockchain.com, Co-Founder and CEO, Peter Smith, stated in a statement:
"Users should be able to easily manage their digital assets, trade derivatives, and take positions on real-world events without having to switch back and forth between different applications."
"Our DCM and FCM applications will promote the realization of this future in the United States through an appropriate regulatory framework."
Earlier this year, Blockchain.com began providing predictive markets to some international customers through cooperation with Polymarket, and offered perpetual futures through Hyperliquid.
An increasing number of companies in the encryption sector are seeking to participate in the forecasting market, and vice versa. Digital asset exchanges Crypto.com and Gemini Space Station both have their own event contract markets, while Coinbase mainly provides such products through cooperation with Kalshi. At the same time, Kalshi and Polymarket have also launched perpetual futures, which are among the most popular trading products in the crypto industry, targeting American and international customers respectively.
Blockchain.com has also joined the list of another 11 companies that have applied for a DCM license so far this year. CFTC has approved 6 new DCM licenses in 2026.
The company is also pushing forward with its listing process. In May, it secretly submitted an application for a Initial Public Offering (IPO) to the U.S. Securities and Exchange Commission (SEC), and last month, Bloomberg reported that the company plans to go public this year, with a target valuation of between $4 billion and $6 billion.
Disclosure:CNBC has a business relationship with Kalshi, which includes customer acquisition and a small amount of equity investment.












