Published on: September 19, 2025, 10:45 AM.
Updated on: September 19, 2025, 11:02 AM.
- Recent filing by the prediction market hints at potential token issuance
- This development may correlate with the company’s recent fundraising efforts
- Polymarket is on the verge of re-entering the U.S. market
Polymarket’s recent submission to the Securities and Exchange Commission (SEC) has ignited discussions within the cryptocurrency sphere, suggesting the prediction market operator might be gearing up for the launch of its own digital token.
This filing seems to be closely related to the company’s June funding round, during which it achieved a remarkable valuation of $1 billion — a figure that has surged in under 90 days. Recent reports indicate Shayne Coplan’s company is contemplating further investments at a staggering $9 billion valuation, with one potential investor discussing a term sheet valuing Polymarket at an eye-popping $10 billion.
The pertinent regulatory filing included terminology such as “other warrants,” indicating options and rights to acquire another securities type — all of which in the crypto domain signal a potential token offering. Notably, Polymarket’s earlier SEC documents referenced only equity and standard warrants, suggesting a shift in direction in this latest submission.
Recently approved to re-enter the U.S. market, Polymarket has not publicly acknowledged any plans regarding a token launch. However, a $70 million Series B funding round last year sparked excitement among crypto supporters, who believe that such a token could play a pivotal role in the company’s long-term growth strategy.
Importance of the Potential Polymarket Token
Polymarket already has deep roots in the cryptocurrency ecosystem. Participants purchase event contracts via Polygon, which operates on the Ethereum blockchain, allowing for rapid trades with low transaction fees. The introduction of a native digital asset could significantly enhance its platform.
A Polymarket token could transform users into stakeholders, likely increasing market liquidity and enabling innovative incentive structures (e.g., fee sharing, staking for dispute resolution, or rewards for market makers),” notes Tyler Warner for Decrypt.
In essence, the new token could broaden its utility for users, potentially elevating the asset’s value and attracting a wider investor demographic.
It remains uncertain whether the Polymarket token would anchor on the Ethereum blockchain, as some unverified discussions online suggest that if introduced, it might operate on the Solana blockchain.
Token Speculation Amid Polymarket’s Recent Activity
Rumors regarding a possible crypto token coincide with a flurry of recent news for Polymarket. On Monday, the firm announced a partnership with StockTwits, a well-known social investing platform, to integrate corporate earnings prediction markets into their service.
Further features will include ‘mention markets’ that track specific terms during earnings calls, along with discovery tools that showcase curated collections and watchlists featuring upcoming earnings with live probabilities,” the statement elaborated. “Live probabilities will be displayed directly in StockTwits discussions, with a direct link to Polymarket for more in-depth details, order books, and settlement rules.”
On the previous Friday, Polymarket revealed an upcoming collaboration with Chainlink, aimed at enhancing the speed and accuracy of resolutions for the yes/no contracts available on the exchange.