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Polymarket is in a high-stakes race to win back trust as it recommits to the US market
The company is hiring compliance and enforcement staff and says its U.S. exchange is walled off from the offshore platform.
- Polymarket began operating in America again at the end of 2025 after acquiring derivatives exchange QCEX, launching a campaign to position its onshore business as a disciplined, regulated alternative to its controversial international counterpart.
- Executives hired a slate of regulatory specialists in recent weeks to ensure the onshore exchange remains walled off from the international platform, including chief compliance officer Megan McGrath from Robinhood to bolster institutional trust.
- The Wall Street Journal and Politico reported evidence that the company used deceptive marketing strategies involving fake trades to show hired influencers earning money, prompting an internal investigation into its promotional campaigns.
- Total trading volume across platforms has reached $26.6 billion since the company's 2022 departure, though rival Kalshi dominates the American market amid favorable regulatory treatment from the Trump Administration.
- Whether the onshore exchange can differentiate itself from the international platform's reputation for public and political outrage remains uncertain, though Dan Lee, head of operations, maintains the compliance structure is essential for legitimacy.
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14 Articles
14 Articles
Associated Press News+11 Reposted by 11 other sources
Polymarket is in a high-stakes race to win back trust as it recommits to the US market
After four years in exile, the prediction market platform Polymarket has begun a well-funded campaign to sell a new version of itself to the American public.
·New York, United States
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Coverage Details
Total News Sources14
Leaning Left6Leaning Right3Center5Last UpdatedBias Distribution43% Left
Bias Distribution
- 43% of the sources lean Left
43% Left
L 43%
C 36%
R 21%
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