Polymarket founder and CEO Shayne Coplan resurfaced in public discussions after hinting at a new token in a post on X.
He wrote “$POLY” alongside the names of other major assets like BTC, ETH, and SOL, further strengthening the crypto community’s belief that the POLY token is indeed in the works.
Even more interesting, a recent document from Blockratize Inc., Polymarket’s parent company, dated September 2025, mentioned “other warrants.”
For industry insiders, this term is often interpreted as special rights associated with the planned token launch. So, it’s no wonder this news is garnering so much attention.
Polymarket secures regulatory ground and investor confidence
On the other hand, Polymarket isn’t just throwing around code. This prediction platform has reportedly secured permission to resume operations in the United States after being suspended since 2022.
To strengthen its position, Polymarket even acquired QCEX, a CFTC-licensed derivatives exchange, for approximately $112 million. This move was clearly no joke, as regulatory compliance is a major hurdle for similar projects.
Furthermore, the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has also stepped in with an investment commitment of up to $2 billion. This substantial support certainly signals that institutional investors have high hopes for Polymarket, especially if the POLY token is actually released to the market.
Speculation grows around POLY token launch and distribution paths
Since its inception in 2020, Polymarket has recorded a cumulative trading volume of nearly $19 billion. This figure is sufficient to demonstrate its solid user base.
If the POLY token is launched, the existing liquidity could provide a strong foundation for new functions such as governance, staking, and incentives for liquidity providers.
However, there are no official details regarding the distribution or total supply of the token. Some speculate that the launch could begin with an airdrop for existing users, while others believe it will be directed primarily to institutional investors.
Furthermore, regulatory risks remain, particularly regarding whether the POLY token will be considered a security in the US.