Quadcode Group Completes $112 Million Sale of QCEX to Polymarket
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The Group Becomes a Strategic Shareholder and Technology Partner to Polymarket
July 24, 2025 – Quadcode Group, the global fintech group behind QCEX, today announced that, earlier this week, the company closed on the sale of its Commodity Futures Trading Commission-licensed derivatives exchange (QCX, LLC) and clearinghouse (QC Clearing LLC) (collectively “QCEX”) to Polymarket for $112 million.
The consideration consists of cash and Polymarket shares, giving Quadcode a meaningful equity stake and an ongoing partnership with Polymarket.
What Happens Next
– Seamless transition: Core members of the QCEX engineering and compliance teams will work alongside Polymarket to prepare the platform’s U.S. launch.
– Dual-growth roadmap: Quadcode will continue to operate its broader brokerage and trading-platform businesses globally, while providing ongoing support and advisory services to Polymarket.
– U.S. acceleration: With QCEX’s Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) licenses in hand, Polymarket plans to open regulated prediction-market trading in the US as soon as possible.
About Quadcode Group
Quadcode Group is an international fintech powerhouse that builds and operates the technology behind modern brokerage, banking, and trading businesses. Across a wide range of products – from next-generation multi-asset trading terminals to neobanking and exchange infrastructure – we deliver ready-to-launch, white-label solutions that let partners open a fully branded brokerage, complete with mobile apps, deep liquidity, KYC/AML, CRM, and 24/7 back-office support.
Media Contact
pr@quadcode.com
