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Polymarket Founder Shayne Coplan Teases Potential POLY Token After $2B ICE Deal

A POLY token was hinted by Polymarket founder Shayne Coplan as a trading volume of $19 billion proves broadening use of prediction markets.
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Polymarket Founder Shayne Coplan Teases Potential POLY Token After $2B ICE Deal

Highlights

  • After a $2 billion investment by ICE, a new post by Shayne Coplan indicates the possibility of a POLY token launch.
  • Polymarket’s DEX volume is now almost $19 billion following fresh ecosystem updates.
  • SEC filing and rapid expansion are factors that provide increased hope regarding a Polymarket token launch.

Polymarket founder Shayne Coplan has sparked speculation about a potential native token launch following a cryptic post on X. The message immediately caught the attention of traders and crypto enthusiasts, fueling discussions that a Polymarket token may be closer than expected.

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ICE’s $2B Investment Fuels Speculation Over A Possible POLY Token Launch

In his post, Coplan wrote “$BTC, $ETH, $BNB, $SOL, $POLY 🤔,” placing the possible token alongside the largest digital assets by market value. However, Coplan did not mention when or what the POLY token was about. In case it is released, the token may reward holders, facilitate voting, or provide incentives on liquidity. These are typical of other protocols that are decentralized.


The 26-year-old entrepreneur, recently named Bloomberg’s youngest self-made billionaire, hinted that a new POLY token could join the ranks of top cryptocurrencies. Polymarket, a fast-growing prediction platform, has become one of the most talked-about projects in crypto this year.

Intercontinental Exchange, ICE and owner of New York Stock Exchange (NYSE), has made a huge investment into the company. Furthermore,  ICE announced plans to invest in Polymarket for up to $2 billion, at a $9 billion valuation.

Coplan also revealed that Polymarket had previously raised $205 million across two funding rounds. These included a $150 million round in 2025 led by Founders Fund and a $55 million fundraise led by Blockchain Capital.

The latter happened before last year’s election. Based off data and the new investment by ICE, Polymarket is now one of the most popular startups of this year.

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Factors Fueling The Possibility of a POLY Token Launch

Polymarket was founded in 2020 and has expanded considerably. The CFTC recently cleared Polymarket to operate in the U.S. market. This was a major step that reinforced the platform’s regulatory progress and credibility.

It holds almost $19 billion worth of trades in its decentralized platform as shown by DeFiLlama data. In addition, the platform’s contracts can be used to bet on real-life events, such as elections and sports. These are managed through the decentralized system.

Polymarket’s success highlights growing mainstream interest in prediction markets. The introduction of a POLY token might help Polymarket to become one of the best decentralized platforms transforming the Web3 space.

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Paul

Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via paul@coingape.com

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