At a glance
- The company applied for a designated contract market (DCM) license and for registration as a futures commission merchant (FCM), it told CNBC.
- It is the 12th company to file for a DCM license this year, and the CFTC has approved six new DCMs in 2026, according to CNBC.
Blockchain.com asked the Commodity Futures Trading Commission (CFTC) to designate it a futures exchange and to register it as a broker for derivatives contracts, CNBC reported on Friday. The applications have not been approved, and we have not seen the filings.
“Users should be able to manage their digital assets, trade derivatives, and take positions on real-world events easily, without jumping between different apps,” co-founder and chief executive Peter Smith said in a statement quoted by CNBC.
The company began offering prediction markets this year through a partnership with Polymarket, and perpetual futures powered by Hyperliquid, to some customers outside the US, CNBC said.
The CFTC has been setting rules for the sector. It proposed its first formal rules for event contracts in June, and has sued nine states since April over its claim to exclusive authority over registered prediction markets, according to Quartz. Our earlier coverage includes the CFTC’s retail crypto rulemaking and the NFL’s Supreme Court brief on Kalshi.
Blockchain.com confidentially filed for an initial public offering with the Securities and Exchange Commission in May, CNBC said. Bloomberg reported last month that it is targeting a valuation of $4 billion to $6 billion for a listing this year, in a report cited by CNBC.
This article is for information only and is not investment advice.