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Polymarket Token Speculation Rises After Founder’s $POLY Tease, But Launch Seen Slipping to Next Year

Reporting points to a rollout next year following a U.S. relaunch.

Overview

  • Shayne Coplan posted a ticker string on X that included “$POLY,” prompting widespread discussion of a possible native token and airdrop, though no token has been announced.
  • Decrypt, citing unnamed sources, reports Polymarket plans a token but is unlikely to launch it in the coming months as the company prioritizes regaining a U.S. foothold.
  • Polymarket’s FAQ states there is no native token today and warns users to avoid scams and rely only on verified channels.
  • Intercontinental Exchange, parent of the NYSE, announced up to $2 billion in funding at about a $9 billion valuation and will distribute Polymarket’s event data to institutional clients.
  • Following a 2022 CFTC enforcement, Polymarket acquired CFTC-regulated QCX and received staff guidance enabling a phased U.S. relaunch, with platform reach further boosted by a new MetaMask integration.