Polymarket Set to Launch POLY Token With Airdrop Ahead of Major U.S. Expansion

Prediction platform Polymarket has officially announced plans to launch its own token, POLY, accompanied by an airdrop — a move that could reshape the rapidly expanding prediction market ￰0￱ Modabber, Polymarket’s Chief Marketing Officer, confirmed the plans during an interview with Degenz Live . “There will be a token, there will be an airdrop,” Modabber said, emphasizing that the company wants to ensure POLY has “real utility and longevity.” Polymarket’s Next Focus: ￰1￱ Before the Token Drop The CMO clarified that Polymarket’s current focus remains on re-launching its app in the United States, where it recently received approval to return after halting operations in 2022 due to regulatory uncertainty.

“Why rush the token if we need to prioritize the US app, right? After the US launch, the focus will be on the token and ensuring its proper operation,” Modabber ￰2￱ comments have sparked intense speculation among traders about the airdrop ￰3￱ believe that rewards could be based on trading volume, giving the platform’s most active users a larger share of tokens once the airdrop ￰4￱ Activity and Rising Valuation The announcement follows a surge in market ￰5￱ to The Block , Polymarket reached $1.4 billion in trading volume last month, while competitor Kalshi surpassed 2.5 billion prediction ￰6￱ is also attracting institutional capital at record ￰7￱ reports the company is in talks to raise new funding at a valuation of up to $15 ￰8￱ September, Polymarket secured a $2 billion investment from Intercontinental Exchange, the parent of the New York Stock Exchange, raising its valuation to $9 ￰9￱ followed a $150 million round led by Peter Thiel’s Founders Fund earlier this year, which valued the company at $1.2 billion.

Additionally, Polymarket recently signed a multi-year licensing deal with the National Hockey League, signaling deeper mainstream integration between blockchain and sports industries.