Polymarket seeks approval for US margin trading

• Polymarket filed three applications to support margin trading in the United States.
• The platform still needs regulatory approval before offering leveraged event contracts.
• The filings come as Polymarket expands while facing legal and regulatory scrutiny.

Polymarket has filed three applications with the National Futures Association to support margin trading in the United States.

The July 3 filings seek registration as a futures commission merchant, an NFA member and a swap firm through affiliate PM Derivatives LLC.

Trading on margin would let users pay only part of a contract's value upfront, but Polymarket still needs approval from the Commodity Futures Trading Commission.

Rival Kalshi completed the same National Futures Association registration process through affiliate Kinetic Markets LLC in March 2026.

Bloomberg reported the Commodity Futures Trading Commission is investigating parts of Polymarket's business, including its social media activities.

Polymarket also faces a New York lawsuit over a market tied to Strategy's Bitcoin (CRYPTO:BTC) sale, although the allegations remain unproven.

The company also added instant self-custodial Bitcoin deposits through the Lightning Network as it continues expanding its platform.

At the time of reporting, Bitcoin price was $63,911.84.