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Polymarket acquires QCEX for $112 million

Jul 21, 2025•12 days ago

Acquiring Company

Polymarket

Acquired Company

QCEX

New YorkBoca RatonSoftwareCryptocurrencyBlockchainFinancial Services

Description

Polymarket has acquired QCEX, a CFTC-licensed exchange and clearinghouse, for $112 million. This acquisition is a strategic move to expand Polymarket's presence in the U.S. as a fully regulated trading platform. The deal aims to enhance user access and confidence in prediction market trading. This development underscores Polymarket's commitment to regulatory compliance and user growth.

Company Information

Company

Polymarket

Location

New York, New York, United States

About

Polymarket is the world’s largest prediction market where traders predict the outcome of future events and earn rewards for being right. Market forecasts span politics, current events, and pop culture, and the platform is increasingly trusted by both the general public and news organizations.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed