A Major Pivot for U.S. Crypto Trading
Blockchain.com is making a significant play to capture the growing demand for U.S. prediction markets and derivative trading. The company, which has supported over 95 million wallets globally, announced on October 13, 2026, that it has filed applications with the U.S. Commodity Futures Trading Commission (CFTC) for registration as a Futures Commission Merchant (FCM) and designation as a Designated Contract Market (DCM).
By pursuing these specific regulatory frameworks, the firm aims to bridge the gap between simple crypto holding and advanced financial positioning. For U.S. users, this could mean the ability to trade futures, options, and event-based contracts directly within the Blockchain.com app, eliminating the need to hop between fragmented platforms.

Streamlining the User Experience
The current landscape for U.S. crypto traders is often disjointed, with users frequently switching between multiple applications to manage assets, hedge with derivatives, and place bets on real-world events. Blockchain.com’s CEO and co-founder, Peter Smith, suggests that this friction is a primary target for the company's new strategy.
Users should be able to manage their digital assets, trade derivatives, and take positions on real-world events easily, without jumping between different apps. Our DCM and FCM applications build toward that future in the U.S. through the appropriate regulatory frameworks.
— Peter Smith, CEO and Co-Founder of Blockchain.com
A Competitive Regulatory Landscape
Blockchain.com’s application arrives during a period of intense regulatory activity. According to reports, the firm is one of 12 companies that have filed for DCM licenses with the CFTC during 2026. While the agency has approved six new exchanges throughout the year, the competition remains high as major players like Coinbase and Crypto.com also look to expand their footprint in the prediction market space.
- FCM registration would allow the company to act as a broker for derivatives.
- DCM designation would authorize the company to operate as a formal futures exchange.
- The move follows similar expansions in global markets, including authorization in the EU via MiCA and registration in the UK via the FCA.
- The company has cleared over $1.1 trillion in transactions since its inception in 2011.
