Polymarket Will Launch Token and Airdrop After U.S. Relaunch, CMO Says
Prediction market Polymarket will launch a token and airdrop a portion of it to users after it officially resumes operations in the U.S., the company’s chief marketing officer confirmed Thursday.
“There will be a token, there will be an airdrop,” Polymarket CMO Matthew Modabber said on the Degenz Live podcast. But the launch isn’t imminent. Modabber said the company is focused first on making a strong return to the U.S. market.
“Right now our core priority is launching in the U.S. and making a big splash there,” he said. “After we take care of business on the U.S. app and U.S. launch there will be a focus on the token.”
That launch could come any day. Polymarket acquired QCX, a Commodity Futures Trading Commission (CFTC)-registered derivatives exchange, for $112 million earlier this year. The move was widely seen as a way to bring its prediction markets back to U.S. users in a fully regulated format.
A regulatory filing submitted September 30 said, “The Exchange intends to list the Product(s) no earlier than October 2, 2025, which is no earlier than the Commission’s business day following this submission.”
That timing suggests the platform’s U.S. version could go live at any moment.
Modabber didn’t offer details on the token’s mechanics or use cases. But he pointed to the token model of Hyperliquid, a non-custodial perpetual exchange that recently launched a token without initial trading incentives or short-term hype.
“Teams like Hyperliquid who really thought it through will be around forever as a result,” he said.
Polymarket allows users to bet on real-world outcomes — such as election results or sports events — by buying shares in specific outcomes.
The upcoming token will be part of that next phase. But for now, the team is focused on clearing the runway.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin’s Sharp Decline: What Causes the Price Swings?
- Bitcoin dropped 32% in late 2025, falling from $126,300 to below $86,000 amid macroeconomic pressures and regulatory uncertainty. - Fed rate cut expectations and stalled CLARITY Act legislation fueled investor panic, while 3.1% inflation and disrupted employment data worsened risk-off sentiment. - Institutional buyers accumulated 18,700 BTC in November, contrasting retail-driven selloffs, as Fear & Greed Index signaled extreme bearishness before partial recovery. - Market analysts highlight the need to b
Bitcoin Updates: Altcoin Momentum Faces Resistance from Wall Street’s Bitcoin-Linked Structured Products
- Animoca Brands plans 2026 U.S. IPO, shifting focus to altcoins and real-world asset tokenization to attract traditional investors. - Tom Lee revised Bitcoin forecast to $100,000 by year-end, citing market volatility and macroeconomic risks after October's $19B liquidation event. - JPMorgan launched Bitcoin-linked structured notes via BlackRock ETF, reflecting Wall Street's growing acceptance of crypto as a long-term asset class. - Industry trends highlight altcoin diversification, with Animoca's co-found
ZEC Surges 701.51% This Year as Grayscale Files for Zcash ETF and Institutional Demand Increases
- Grayscale filed an S-3 registration with the SEC to convert its Zcash Trust into the first U.S. spot ETF for privacy-focused ZEC, signaling growing institutional adoption. - Zcash's shielded transactions now account for 30% of trades, with 20-25% of its supply stored in encrypted addresses, highlighting demand for privacy-enhanced crypto. - ZEC surged 701.51% year-to-date in 2025 but fell 13.26% weekly, reflecting crypto market volatility despite outperforming Bitcoin and Ethereum . - The pending ETF app
Zcash News Today: Crypto’s Schism: Doubt in L1s Contrasted with Growth at the Application Layer
- QwQiao critiques speculative L1 tokens (e.g., Bitcoin , Ethereum) for scalability issues and volatile valuations, contrasting them with utility-driven application-layer innovations. - Application-layer projects like DeFi, NFTs, and privacy-focused Zcash (ZEC) gain traction via real-world use cases, exemplified by Grayscale's ZEC ETF and Bitcoin Munari's structured token sales. - Dynamic tokenomics and institutional adoption (e.g., Ripple's RLUSD approval) highlight shifting priorities toward sustainable
Trending news
MoreCrypto prices
More
