Blockchain.com Seeks US Futures Licenses

Blockchain.com is pursuing entry into the U.S. derivatives market by applying for two licenses from the Commodity Futures Trading Commission (CFTC). The digital asset platform seeks to offer event contracts and cryptocurrency derivatives to both retail and institutional customers. These applications are specifically for designation as a futures exchange and registration as a futures commission merchant.

This strategic move aligns with Blockchain.com's goal to provide a comprehensive platform for digital asset management and trading within the U.S., facilitating positions on real-world events. The company has already been offering prediction markets and perpetual futures to international clients through partnerships.

Blockchain.com's application adds to a growing list of companies seeking approval from the CFTC to operate as futures exchanges, particularly as the prediction markets gain popularity. The company is also preparing for a public offering, having confidentially filed with the SEC earlier this year.