Coplan suggested POLY could rank among the largest cryptocurrency tokens by market capitalization, alongside Bitcoin, Ethereum, BNB and Solana.
Polymarket Token News
Polymarket founder Shayne Coplan hinted at launching a native POLY token in a cryptic social media post on Wednesday. The timing follows Intercontinental Exchange's commitment to invest $2 billion in the predictions platform at a $9 billion post-money valuation.
Bloomberg recognized Coplan as the youngest self-made billionaire this week. His post on X suggested POLY could rank among the largest cryptocurrency tokens by market capitalization, alongside Bitcoin, Ethereum, BNB and Solana.
The CEO's message appeared to position the theoretical token above XRP in market rankings. However, this placement may stem from quirks in the Kaito data Coplan was sharing rather than a definitive statement about market positioning.
Speculation about a Polymarket token isn't new for the platform. Following President Donald Trump's election victory in November 2024, the official Polymarket X account briefly posted a message stating, "we predict future drops," fueling airdrop speculation among users.
Additional signals emerged in September 2025 when Blockratize, Polymarket's parent company, filed SEC documents revealing "other warrants" in its latest funding round. This approach mirrors dYdX's pre-launch strategy, strengthening beliefs about an eventual token introduction.
Coplan revealed two previously undisclosed funding rounds earlier Wednesday. The most recent round raised $150 million in 2025 at a $1.2 billion valuation, led by Founders Fund.
The Intercontinental Exchange deal values Polymarket at roughly $8 billion pre-investment. Since its 2020 launch, the predictions platform has processed nearly $19 billion in cumulative trading volume, establishing itself as a major player in decentralized forecasting markets.
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