Polymarket CMO confirms plans for native POLY token and airdrop

Polymarket CMO Matthew Modabber has confirmed plans to launch a native POLY token and an ￰0￱ an interview, the CMO said the team aims to create a token with real utility and ￰1￱ Modabber said , “There will be a token, there will be an airdrop We could have launched a token whenever we wanted, and it’s just how thorough we want to be about ￰2￱ want it to be a token with true utility, longevity, and to be around forever, right? That’s what we expect from ourselves, and that’s what I think everyone in the space expects from us.” JUST IN: Polymarket’s CMO confirms the platform will launch a native POLY token and airdrop as it relaunches its ￰3￱ — Cryptopolitan (@CPOfficialtx) October 24, 2025 Polymarket token hype builds Initially, the potential release of the asset was hinted at by Polymarket founder Shane ￰4￱ has led to Polymarket traders becoming increasingly strategic as expectations mount over a potential token ￰5￱ per recent reports, users on the popular prediction market platform have started refining their usage behavior in hopes of qualifying for an anticipated airdrop.

However, the timing of Polymarket’s token launch remains uncertain as prediction trackers see any token hopes delayed at least until 2026, with the probability of a token before the end of 2025 below 30%. Additionally, the company’s immediate focus remains on its US relaunch . “There’s no need to rush a token when the US rollout comes first,” Modabber ￰6￱ added that the token will follow once the domestic platform is fully operational. Kalshi’s trading volume outpaces Polymarket’s At the same time, Polymarket is in talks to raise money at a valuation of up to $15 billion, as reported by ￰7￱ comes after Intercontinental Exchange, the parent firm of the New York Stock Exchange, invested $2 billion in the ￰8￱ deal valued the company at $9 billion, which is more than the $1.2 billion it was worth after a $150 million round led by Founders Fund in June.

Additionally, Polymarket is expanding its reach beyond just ￰9￱ has teamed up with DraftKings to clear prediction markets and signed a multi-year license arrangement with the National Hockey League, which underscores its increasing mainstream presence. Meanwhile, according to on-chain data, Kalshi remains ahead of ￰10￱ month, Kalshi recorded trading volumes of $2.9 billion while Polmarket recorded trading volumes of $1.4 ￰11￱ traders and retail players are attracted to Kalshi’s regulated status, as it is overseen by the Commodity Futures Trading Commission (CFTC), which contributes to its ￰12￱ you're reading this, you’re already ￰13￱ there with our newsletter .