Polymarket Prepares Major Token Launch and Airdrop After U.S. Comeback
Polymarket, a leading prediction platform, is gearing up for a significant milestone with the launch of its POLY token and an accompanying airdrop for active users. The platform, which has surpassed $20 billion in trading volume, is prioritizing its re-entry into the U.S. market before rolling out the token. This strategic MOVE follows the acquisition of CFTC-registered QCX for $112 million, providing the regulatory foundation for its U.S. relaunch.
The POLY token is designed for utility rather than hype, reflecting Polymarket's focus on sustainable growth. Chief Marketing Officer Matthew Modabber emphasized the importance of prioritizing the U.S. app launch over rushing the token release. The platform allows users to bet on real-world events, from elections to sports, while maintaining compliance and transparency.