Prediction Market Polymarket will launch a token and distribute a portion of it to users after officially resuming its operations in the United States, 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 is not imminent. Modabber said the company is first focused on making a strong comeback in the U.S. market.
“Right now our main priority is to launch in the United States and make a splash there,” he said. “Once we take care of business regarding the US app and its launch in the US, we will focus on the token.”
This launch could happen any day. Polymarket acquired QCX, a derivatives exchange registered with the Commodity Futures Trading Commission (CFTC), for $112 million earlier this year. The move was widely seen as a way to bring its prediction markets back to US users in a fully regulated format.
A regulatory filing submitted on September 30 stated: “The Exchange intends to list the product(s) no earlier than October 2, 2025, which is no earlier than the Commission business day following this submission. »
This timing suggests that the US version of the platform could go live at any time.
Modabber did not provide details on the mechanics or use cases of the token. But he pointed to the token model of Hyperliquid, a non-custodial perpetual exchange that recently launched a token without upfront trading incentives or short-term hype.
“Teams like Hyperliquid that really put their heads together will be around forever,” he said.
Polymarket allows users to bet on real outcomes, such as election results or sporting events, by purchasing shares in specific outcomes.
The upcoming token will be part of this next phase. But for now, the team is focused on clearing the track.
