Polymarket seeks approval to bring margin trading to U.S. customers
CoinDesk·
60-second summary
Polymarket is seeking approval to introduce margin trading to U.S. customers, allowing users to take positions not fully collateralized. This move follows rival Kalshi's authorization in March. The application aims to expand Polymarket's offerings, potentially increasing user engagement and trading volumes, and could set a precedent for other U.S.-based decentralized prediction markets.
Polymarket's application to allow users to take positions that are not fully collateralized follows authorization granted to rival Kalshi in March.