Blockchain.com seeks CFTC licenses for prediction markets and crypto derivatives

CIE News ·

Blockchain.com has applied for CFTC licenses to offer prediction markets and crypto derivatives, according to The Block. The move comes as the firm plans a $500 million initial public offering.

Blockchain.com has applied for Designated Contract Market and Futures Commission Merchant licenses from the Commodity Futures Trading Commission, according to The Block. The company aims to offer prediction markets and cryptocurrency derivatives trading. The applications come as the firm plans an initial public offering targeting $500 million.

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