HomeNewsPolymarket Confirms Token and Airdrop Plans Following $112M U.S. Comeback Push

Polymarket Confirms Token and Airdrop Plans Following $112M U.S. Comeback Push

- Advertisement -

Prediction market platform Polymarket has officially confirmed plans to launch its own token and airdrop, marking a major milestone in its return to the U.S. market. The announcement came from Chief Marketing Officer Matthew Modabber during an appearance on the Degenz Live podcast.

“There will be a token, there will be an airdrop,” Modabber said, emphasizing that the launch will come only after the company completes its U.S. relaunch. “Right now our core priority is launching in the U.S. and making a big splash there,” he added.

“After we take care of business on the U.S. app and U.S. launch, there will be a focus on the token.”

Earlier this year, Polymarket acquired QCX, a CFTC-registered derivatives exchange, for $112 million, paving the way for its return to American users in full regulatory compliance. The acquisition was widely viewed as a strategic move to transition Polymarket from its offshore operations to a U.S.-regulated platform capable of offering event-based markets under federal oversight.

Polymarket’s decision to issue a native token follows a broader trend among decentralized platforms rewarding early adopters and liquidity providers through airdrops. Industry watchers expect the token to play a central role in governance and platform incentives once released.

While Modabber declined to give a timeline for the launch, his comments confirm that the project’s token economy is already in development, signaling a new phase for the fast-growing prediction market platform as it reenters one of its most important markets under a compliant framework.

Disclaimer: ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Alex Stephanov
Alex Stephanov
Alex is a seasoned writer with a strong focus on finance and digital innovation. For nearly a decade, he has explored the intersections of cryptocurrency, blockchain technology, and fintech, offering readers a sharp perspective on how these fields continue to evolve. His work blends clarity with depth, translating complex market movements and emerging trends into engaging, easy-to-understand insights. Through his analyses, audiences gain a deeper understanding of the forces shaping the future of digital finance and global markets.
RELATED ARTICLES

LATEST ARTICLES