Polymarket submits application for sports event combination contracts in the U.S.

Odaily News, Prediction market provider Polymarket submitted a self-certification document to the U.S. Commodity Futures Trading Commission (CFTC) on Wednesday, applying to launch multi-event sports combination contracts in the U.S., which are multi-condition prediction contracts. Polymarket stated that the product is composed of two or more underlying sports event contracts. The contract will settle at $1 only if all specified sub-event results occur; otherwise, it becomes worthless. According to the document, the launch date will be no earlier than May 21, 2026. Another document showed that Polymarket requested the CFTC to keep related exhibits confidential due to trade secrets. (CoinDesk)