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flag Polymarket launched its U.S. mobile app for real-money betting on events, approved by the CFTC after gaining a clearinghouse license.

flag Polymarket has launched its U.S. mobile app, allowing users to bet on sports and proposition markets after gaining regulatory approval from the CFTC. flag The platform, which had been restricted since 2022, now operates under federal rules following its acquisition of a registered clearinghouse. flag Initial access is via a waitlist on iOS, with Android support coming soon. flag The app enables real-money betting on real-world events, complying with the Commodity Exchange Act. flag This marks a major step in Polymarket’s return, amid growing competition from Kalshi—valued at $11 billion after a $1 billion funding round—and rising interest in prediction markets driven by elections and sports.

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