Polymarket is actively seeking to operate in Japan, aiming for approval by 2030.

BlockBeats News, May 22nd, according to sources familiar with the matter cited by Bloomberg, Polymarket has appointed a representative in Japan and is preparing to lobby relevant departments to approve the legalization of prediction markets in the country.

Sources said that because the relevant plans have not been made public yet, they requested anonymity. Polymarket aims to obtain approval from the Japanese government by 2030. Sources stated that Polymarket considers Japan as a market opportunity that is underdeveloped and has tremendous potential.