Polymarket Moves One Step Closer to Launching Its Own Crypto Token
Legal filings tied to Polymarket are reigniting speculation that the prediction-markets giant is preparing the groundwork for a native crypto token.
- Polymarket’s parent filed U.S. trademarks for “POLY” and “$POLY,” signaling progress toward a native token.
- No launch timeline yet, but the move aligns with earlier token and airdrop plans.
Blockratize Inc., the company behind Polymarket, has applied to register the trademarks “POLY” and “$POLY” in the United States, according to records from the United States Patent and Trademark Office.
The applications were submitted on February 4 and are currently marked as live and pending, indicating they have cleared initial administrative checks.
The filings are unusually broad in scope. They cover software related to financial and cryptocurrency trading, digital token and crypto-asset services, as well as platform-as-a-service infrastructure used for electronic trading, settlement, and clearing. Both trademarks were filed on an intent-to-use basis, meaning the branding is not yet tied to an active commercial product.
Taken on their own, trademark filings don’t guarantee a launch. But in Polymarket’s case, they fit into a longer narrative that the company itself has already acknowledged.
Senior executives have previously confirmed plans for a POLY token and an associated airdrop, while stressing that restoring full U.S. platform functionality was the immediate priority before moving ahead with token issuance.
The renewed attention comes as prediction markets continue to gain traction globally. Polymarket has rapidly scaled into one of the largest venues in the sector by trading activity, processing billions of dollars in volume as users place bets on political, economic, and real-world outcomes.
There is still no public information on token design, supply, or timing. However, trademark protection is typically one of the final legal steps taken before branding is deployed publicly. As a result, the POLY filings are being interpreted less as a coincidence and more as another signal that Polymarket’s token plans are progressing behind the scenes.
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