Polymarket Returns to U.S. With CFTC-Approved Mobile App

Polymarket has officially relaunched its mobile platform in the U.S., offering users the ability to trade on sports and proposition markets with real money under federal oversight. The announcement was made Wednesday via X.

The app, currently available on iOS, is rolling out access gradually through a waitlist system, with Android support expected soon.

This launch marks Polymarket’s major return to the U.S. following its 2022 regulatory setback. Previously, the platform was barred from operating stateside after the Commodity Futures Trading Commission (CFTC) determined it had offered unregistered event-based derivatives, resulting in a $1.4 million settlement. Since then, Polymarket has focused on aligning with regulatory requirements.

With formal CFTC approval, Polymarket now operates as an intermediated exchange under federal rules, similar to traditional commodities platforms. The company emphasizes that it is not a sportsbook, but a venue for trading on real-world event outcomes.

Initially, the app focuses on sports, providing odds markets for major games and tournaments. However, Polymarket plans to expand into proposition betting in the near future.

The platform’s return comes amid growing interest in prediction markets as alternatives to conventional polling and punditry. Proponents say these markets can provide valuable insights into public expectations and sentiment, particularly in uncertain scenarios like elections, policy decisions, or economic events.