Polymarket: Token will come, but US launch comes first
Cointelegraph
Polymarket confirmed a token launch is planned, but prioritizing the rollout of its US-facing application is the immediate focus.Summary
Polymarket's Chief Marketing Officer, Matthew Modabber, confirmed that the prediction market platform will eventually launch a token. However, the immediate priority is launching the US-facing Polymarket App, a project delayed for five years due to regulatory issues. Polymarket previously secured a $2 billion investment from Intercontinental Exchange (ICE) at a $10 billion valuation in October. The company is also reportedly in talks for additional funding that could raise its valuation to $15 billion. Polymarket is expanding through partnerships, including a deal with DraftKings for clearinghouse services, as prediction markets gain traction as an accurate barometer for outcomes, attracting non-crypto natives.
(Source：Cointelegraph)