Polymarket Hiring Chief Risk Officer After CFTC Pressure
The prediction markets platform is staffing up on compliance as it pushes deeper into regulated US markets.
Polymarket is on the hunt for a chief risk officer. The move comes directly in response to a demand from the Commodity Futures Trading Commission, according to sources familiar with the situation.
The prediction markets platform has been quietly bulking up its legal team in recent months as it works to expand its regulated operations in the United States. Adding a CRO signals the company is getting serious about compliance infrastructure — not just lawyers.
For Polymarket, which exploded in popularity as a go-to platform for real-money predictions on everything from elections to cultural events, the CFTC relationship is existential. Operating prediction markets in the US means navigating one of the most complex regulatory environments in fintech.
The hire would represent a significant step in Polymarket's transition from crypto-native upstart to a more buttoned-up regulated entity.