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Polymarket Confirms POLY Token and Airdrop After U.S. Relaunch

Regulatory reentry via QCX underpins the plan.

Overview

  • Chief marketing officer Matthew Modabber said the platform will issue a POLY token and conduct an airdrop, with the rollout scheduled after the official U.S. return.
  • The U.S. app is in invite-only testing as the QCX acquisition, CFTC registration, and recent filings and staff guidance set the groundwork for a compliant relaunch.
  • Details on token design, distribution criteria, and timing remain unannounced, with the company emphasizing long-term utility rather than a rushed release.
  • Intercontinental Exchange invested $2 billion this month, valuing Polymarket at about $9 billion, and Bloomberg reporting indicates discussions for new funding at a $12–15 billion valuation.
  • Recent reporting shows rapid sector growth, with Polymarket and rival Kalshi posting roughly $1.4 billion and $2.9 billion in monthly volume respectively, while user speculation on activity-based airdrop eligibility remains unconfirmed.