Polymarket has just received CFTC signature. Prediction markets in March.

Polymarket has returned to American shores.

The operator of the popular predictions market said late Tuesday that the Commodity Futures Trading Commission has cleared the way for U.S. clients to bet on events — whether central bank policy moves or how the Packers will perform against the lions on Thanksgiving — through their brokerages.

Polymarket’s regulatory clearance to return to the US coincides with a boom in event trading, with nearly every fintech platform, from Robinhood (HOOD) to Coinbase Global (COIN), along with sports gambling provider DraftKings (DKNG) and Trump Media & Technolgy (DJT), seeking a piece of the action.

Experts believe that something similar to a gold rush may be coming to the field of predictions. Bank of America analysts noted earlier this month that more than two dozen sportsbook companies were chasing users in 2020, with many suffering huge losses along the way. “Unspecified, that’s what [prediction markets] “It may feel like the year 2026,” they wrote.

Prediction markets continue to expand to include a range of forums. Yahoo Finance said earlier this month that Polymarket will operate the prediction markets hub. Google said it will add “support for predictive markets data” from Calcci and PolyMarket.

Today’s news ends the nearly four-year ban on Polymarket in the US. The CFTC in 2022 ordered Blockratize, which did business as Polymarket, to cease its US operations and pay a $1.4 million fine for operating an unregistered trading venue. The company said earlier this year that it was in a position to make a legal comeback following the acquisition of derivatives exchange QCX.

Polymarket founder Shane Coplan said the regulatory approval was a “key milestone for the breakthrough in the US financial system” in a social media post on Tuesday. He also credited President Donald Trump’s administration and the Commodity Futures Trading Commission (CFTC) for obtaining the permit, saying what had historically taken years was accomplished in four months.

Polymarket has the opportunity to make some of its optimistic backers a little richer. There is currently a decade of live events for “Will Polymarket US Launch in 2025,” with 71% recently betting “yes,” a decline from near certainty in early fall.

The company’s press release did not specify the launch date. She noted that some “rules, policies and processes” that have not yet been established will be implemented before it goes live.