US EditionPolymarket Plans Token Launch, Eyes $15 Billion Valuation In New Funding Round - Intercontinental Exchange (NYSE:ICE)
Polymarket plans a U.S. app relaunch with a $112 million acquisition enabling regulated prediction markets and a POLY token airdrop for users, CMO confirmed.
- On Thursday, Polymarket confirmed it will issue a native POLY token and airdrop part of it to users after its U.S. relaunch, CMO Matthew Modabber said on the Degenz Live podcast.
- After acquiring QCX, a Commodity Futures Trading Commission -registered derivatives exchange, for $112 million earlier this year, Polymarket filed September 30 to list no earlier than October 2, 2025.
- Market activity shows rapid growth across listings and user engagement as Polymarket and Kalshi hit a record $2 billion in trading volume during the week ending Oct. 19 and Polymarket listed 13,800 new markets in August, surpassing July by nearly 2,000.
- Polymarket warned the launch isn't imminent, despite signals indicating the U.S. app could go live soon, and Matthew Modabber declined to reveal token mechanics.
- After rapid valuation gains this month, Polymarket is in early talks to raise funding at a $12–15 billion valuation and secured a $2 billion investment from Intercontinental Exchange , with Milk Road calling it `the perfect storm of liquidity`.
26 Articles
26 Articles
Polymarket Plans Token Launch, Eyes $15 Billion Valuation In New Funding Round - Intercontinental Exchange (NYSE:ICE)
Prediction market giant Polymarket is preparing to launch a native token and airdrop as it seeks to raise fresh capital at a higher valuation. What Happened: Polymarket Chief Marketing Officer Matthew Modabber confirmed that the token will debut after the platform's official U.S. relaunch, which is already underway. The move is expected to spark a major liquidity wave as Polymarket, where users wager on elections, Fed decisions, and major world …
Polymarket Confirms Token Airdrop, But US Launch Is Priority — Details - Invest In Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to the firm’s Chief Marketing Officer Matthew Moddaber, Polymarket will launch a cryptocurrency, but floating an app for its United States users is the current priority. This revelation comes after the crypto prediction platform’s founder, Shayne Coplan, teased the potential launch of a “POLY” token. Token Release To Come After US App La…
Polymarket Confirms Token Airdrop, But US Launch Is Priority — Details - Coin Surges
According to the firm’s Chief Marketing Officer Matthew Moddaber, Polymarket will launch a cryptocurrency, but floating an app for its United States users is the current priority. This revelation comes after the crypto prediction platform’s founder, Shayne Coplan, teased the potential launch of a “POLY” token. Token Release To Come After US App Launch In a recent interview, Moddaber disclosed that Polymarket will eventually launch a crypto token…
Crowd-Sourced Truth from Prediction Markets
Prediction markets have broken out of their niche. Monthly volumes exceed $4 billion led by Polymarket and Kalshi platforms.Kalshi’s latest $300 million round lifted its valuation to about $5 billion, while Polymarket is rumored to be raising at $12–15 billion, with lifetime trading over $18 billion. Total event trade volumes in the industry have become measurable in billions — and are drawing institutional attention. Even Intercontinental Excha…
Polymarket Plans U.S. Comeback and Token Launch After $20B in Trading Volume
After months of speculation, Polymarket executives have confirmed that the platform will introduce the POLY token, accompanied by a retroactive airdrop designed to reward active participants. The announcement comes as the company celebrates a remarkable $20 billion in lifetime trading volume, a figure that cements its status as one of the leading onchain applications globally. A Token Built for Utility, Not Hype Rather than rushing to release a …
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