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3d ago

Polymarket Confirms POLY Token and Airdrop, Puts U.S. Relaunch First

The company is prioritizing a regulated U.S. return enabled by a QCX acquisition alongside CFTC staff guidance.

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Polymarket plans to roll out POLY token and user airdrop
Prediction market giant polymarket gears up for token airdrop and vc windfall
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Overview

  • CMO Matthew Modabber said a native POLY token and user airdrop are official, with work on distribution to follow a successful U.S. app rollout.
  • Polymarket’s U.S. relaunch is underway on an invite-only basis after acquiring CFTC-registered exchange QCX and receiving a CFTC no-action letter.
  • Details on token design, supply, and eligibility remain undisclosed, though executives stressed long-term utility over a quick release.
  • Community activity has jumped on expectations that trading history could influence allocations, while the team warns it will screen out wash trading and sybil behavior.
  • ICE’s roughly $2 billion investment values Polymarket near $9 billion, with media reporting talks for a new round targeting $12–15 billion and some projecting a 2026 token timeline without an official date.