According to sources, prediction market platform Polymarket plans to issue native tokens, but the launch could be delayed until next year. The company is now focusing on returning to the US market after being banned by the CFTC in 2022 for violations.
The news comes on the heels of ICE, the parent company of the New York Stock Exchange, investing $2 billion in Polymarket, valuing it at $9 billion. Polymarket CEO Shayne Coplan recently hinted at token plans on the X platform, sparking speculation.
Polymarket, which has regained its licence to operate in the US by acquiring QCX, a regulated derivatives exchange, and securing a CFTC "no objection letter", has reopened in markets such as sports and elections and is second only to rival Kalshi in global forecasting with about 31 per cent of the market.
Sources: Polymarket token plan may be postponed until next year, currently focusing on returning to the US market
2025-10-10 20:56:41
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