Polymarket has appointed a representative in Japan as it prepares to seek government approval to operate prediction markets in the country, according to Bloomberg.
Bloomberg reported Friday, citing sources familiar with the matter, that Polymarket views Japan as a major growth opportunity and is aiming to secure regulatory authorization to operate there by 2030.
Mike Eidlin, who has reportedly been working as head of Japan at Jupiter, has been appointed to lead Polymarket's efforts in the country, Bloomberg said.
The Block has reached out to Polymarket and Eidlin for comment.
Polymarket's official website currently lists Japan as one of the restricted jurisdictions where users are blocked from accessing the platform due to "regulatory requirements and compliance with international sanctions."
