Polymarket Files For POLY and $POLY Token Trademarks
Polymarket has taken a formal step toward launching its long-anticipated crypto token, filing US trademark applications for POLY and $POLY even as regulatory and legal pressure on prediction markets continues to mount at the state level.
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Key Highlights
+ Polymarket filed US trademark applications for POLY and $POLY tied to crypto and digital trading services.
+ Executives previously confirmed plans for a POLY token and a potential airdrop focused on “true utility.”
+ Traders are currently pricing in low odds on a token launch before May.
POLY trademarks filed with USPTO
Trademark applications for POLY and $POLY were submitted on Thursday to the US Patent and Trademark Office by Polymarket’s parent company, Blockratize Inc.
The filings seek protection across a broad range of services, including cryptocurrency services, financial trading platforms, blockchain-based payment systems, and portfolio management tools. Both applications describe the provision of a digital currency or token intended for use by members of an online community, alongside crypto exchange and trading functionality.
While trademark filings do not guarantee a product launch, they represent the first concrete public documentation tied to Polymarket’s token roadmap.
Token plans previously confirmed
Polymarket executives have openly discussed plans for a native token since October. Chief marketing officer Matthew Modabber confirmed that a POLY token and a potential airdrop were in development, emphasizing a focus on long-term utility rather than short-term speculation.
Around the same time, CEO Shayne Coplan publicly teased the token by posting a POLY ticker alongside major cryptocurrencies such as Bitcoin and Ethereum.
Sources familiar with the company’s strategy have previously indicated that Polymarket does not intend to launch a token until it has re-established a stable presence in the US market. That process moved forward in November, when the company received approval from the Commodity Futures Trading Commission to operate domestically, nearly four years after exiting the US following a $1.4 million settlement.
Despite the filings, market sentiment remains cautious, with some traders currently assigning a roughly 30% chance that Polymarket will announce its token before May.
Polymarket Continues Its US Journey
The trademark move comes as Polymarket navigates an increasingly complex regulatory landscape. While federal approval has reopened the door to US operations, state-level enforcement actions continue to pose risks to the platform’s core event-contract model.
For Polymarket, the POLY filings signal continued confidence in its long-term product strategy, but any token launch timeline remains tightly linked to how those legal battles unfold.
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