Polymarket has confirmed plans to launch its long-awaited POLY token alongside an airdrop, marking a key step for the fast-growing prediction market 1 confirmation came from Chief Marketing Officer Matthew Modabber, who said during an interview on the Degenz Live podcast Thursday that the project would “definitely” include both a token and an airdrop.) October 9, 2025 It also represents the first official acknowledgment from the company after a year of steady user growth, record trading volumes, and major institutional 2 Bets Big on the 3 Before Rolling Out Its Token The confirmation comes as Polymarket cements its position as the leading prediction market platform, commanding over 95% of total market volume, according to recent Dune Analytics 4 the week ending October 13, Polymarket processed around $690 million in trading volume, outpacing rivals Kalshi, Limitless, and Myriad combined.) enforcement action.
“Why rush a token if we need to prioritize the U. S. app?” Modabber said. “We’ve been dying for this app for the past five years.
A lot has happened because of this—regulatory issues and 5 the U. S. launch, there will be a focus on the token and getting that live and making sure it’s well done.” Polymarket’s return to the 6 its $112 million acquisition of QCX LLC earlier this year , granting it a Designated Contract Market license. @Polymarket has acquired Florida-based derivatives exchange QCX and its affiliated clearinghouse QC Clearing, together known as QCEX. #Polymarket #QCEX 0 — 7 (@cryptonews) July 22, 2025 This allows the company to self-certify prediction markets for American users, including those tied to sports, elections, and geopolitical 8 Coplan confirmed in September that the platform had been “given the green light to go live in the USA,” calling it a major breakthrough after years of uncertainty.
Polymarket’s Market Share Tops 95% as ICE Backs $2B Investment at $9B Valuation The company’s comeback is happening alongside a rapid rise in both institutional attention and market 9 October, Polymarket secured a $2 billion investment from Intercontinental Exchange (ICE) , the parent company of the New York Stock Exchange, at a $9 billion post-money 10 also reported that the company is exploring a fresh funding round that could value it at up to $15 11 firm’s valuation has multiplied over the past year, accelerating from $1 billion after a $200 million round in June 2025 led by Peter Thiel’s Founders 12 to data from Dune Analytics, the broader prediction market sector has rebounded sharply since 13 and rival Kalshi together processed over $4.3 billion in trades last month, with Polymarket alone handling $2.9 billion, capturing over 95% of total market volume.
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