Blockchain.com seeks U.S. approval for prediction markets, crypto derivatives trading

Blockchain.com, a digital asset platform, wants to get in on the prediction market boom in the U.S. The company has filed for two licenses with the Commodity Futures Trading Commission to feature event contracts as well as cryptocurrency derivatives to retail and institutional customers in the U.S., Blockchain.com told CNBC. Blockchain.com is asking the CFTC — the federal regulator for futures and derivatives — to designate it a futures exchange by receiving a designated contract market license. It also asks to be registered as a futures commission merchant, which are brokers for derivatives contracts.