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October 24, 2025cryptonews logocryptonews

PolyMarket Airdrop Confirmed – Here’s What You Need to Know Ahead

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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