Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
Polymarket founder Shayne Coplan teases potential POLY token

Polymarket founder Shayne Coplan teases potential POLY token

The Block2025/10/07 16:00
By: By Daniel Kuhn
BTC-4.39%SOL-7.79%POLY0.00%
Quick Take Polymarket founder Shayne Coplan teased the potential launch of a native POLY token for the popular predictions platform, in a semi-cryptic X post. The message comes in the wake of NYSE parent firm Intercontinental Exchange’s pledge to invest $2 billion in Polymarket at a $9 billion post-money valuation.
Polymarket founder Shayne Coplan teases potential POLY token image 0

Polymarket founder Shayne Coplan, who was anointed as the "youngest self-made billionaire" by Bloomberg on Wednesday, teased the launch of a native token for the popular predictions platform.

In a semi-cryptic X post , Coplan suggested that a POLY token could become one of the largest tokens by market capitalization. 

"$BTC
"$ETH
"$BNB
"$SOL
"$POLY 🤔," Coplan wrote.

The Polymarket CEO seemingly eliminated XRP from its current position as the fourth-largest free-floating crypto asset, according to The Block’s price data , though that may be do to a quirk in the Kaito data he was reposting .

This isn't the first time someone associated with Polymarket has hinted that the team is considering rewarding users with a token launch. According to reporting at the time, the Polymarket X account briefly shared a message saying "we predict future drops" in the days following President Donald Trump’s election in November 2024.

Also, in September 2025, Polymarket's parent company Blockratize submitted an SEC filing revealing "other warrants" in its latest funding round, a move reminiscent of dYdX's pre-launch approach, again raising speculation of a potential token launch.

Earlier Wednesday, Coplan disclosed two previously unannounced funding rounds from the past two years, including, most recently, a $150 million round in 2025 led by Founders Fund at a $1.2 billion valuation.

This announcement came after a deal with NYSE parent firm Intercontinental Exchange to invest up to $2 billion in Polymarket at a $9 billion post-money valuation. According to ICE, the prediction market had a roughly $8 billion pre-investment valuation.

Polymarket has seen nearly $19 billion in cumulative trading volume since launching in 2020, according to The Block's data .


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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
1 Unstoppable Stock Set to Join the Ranks of Nvidia, Apple, Microsoft, Amazon, and Alphabet in the $2 Trillion Club by 2027
2
Fed Chair Jerome Powell Cautions Investors Regarding the Stock Market -- Past Trends Indicate What May Happen Next With the S&P 500

Crypto prices

More
Bitcoin
Bitcoin
BTC
$110,580.45
-3.31%
Ethereum
Ethereum
ETH
$3,934.02
-4.08%
Tether USDt
Tether USDt
USDT
$1
-0.00%
BNB
BNB
BNB
$1,154.18
-9.90%
XRP
XRP
XRP
$2.41
-6.00%
Solana
Solana
SOL
$192.58
+0.20%
USDC
USDC
USDC
$1
+0.02%
Dogecoin
Dogecoin
DOGE
$0.1959
-5.07%
TRON
TRON
TRX
$0.3102
-3.34%
Cardano
Cardano
ADA
$0.6686
-5.44%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter