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Will Polymarket issue coin? The founder reveals two undisclosed funding rounds, hinting that $POLY will be launched.
After receiving an investment of up to $2 billion from the parent company of the New York Stock Exchange, ICE, the prediction market platform Polymarket has once again become the focus of the market. Regarded as one of the youngest self-made billionaires in the world, founder Shayne Coplan has not only disclosed two rounds of undisclosed financing but also hinted at the issuance of the $POLY Token.
Mysterious post ignites speculation: Is the $POLY Token on the way?
Polymarket founder Shayne Coplan posted an intriguing message on X today, listing only five token symbols: "$BTC $ETH $BNB $SOL $POLY"
$BTC$ETH$BNB$SOL$POLY
— Shayne Coplan (@shayne_coplan) October 8, 2025
Short text stirred waves in the community, suggesting that $POLY may become one of the top market cap tokens.
However, the potential issuance of $POLY is not a new matter. As early as after the 2024 U.S. presidential election, the official Polymarket account ambiguously posted "we predict future drops," which was interpreted by the public as an airdrop announcement.
In addition, Polymarket's parent company Blockratize also submitted documents to the US SEC last month, which included descriptions related to "other warrants (other warrants)". This also brings to mind the model of platforms like dYdX and Uniswap before issuing tokens, and various signs have sparked speculation within the community.
ICE invests $2 billion, valuation soars to $9 billion
Before the rumors about the Token fermented, the parent company of the New York Stock Exchange, ICE, had just announced a $2 billion investment in Polymarket, bringing its valuation to $9 billion, aiming to collaborate on the former's financial data infrastructure and the latter's market sentiment indicators.
(ICE bets on the "prediction market": The parent company of the New York Stock Exchange invests 20% in Polymarket, driving event-driven trading towards Wall Street )
On the same day, Coplan also revealed in a post two rounds of financing that had not been made public over the past year, including a $150 million round led by Founders Fund in early 2025, at which time the valuation was only $1.2 billion. Now, in less than a year, it has nearly multiplied eightfold, symbolizing its leap from a crypto startup to a mainstream financial infrastructure.
One of the youngest Bloomberg billionaires: The comeback story of Coplan
At only 26 years old this year, Shayne Coplan has now made it onto the Bloomberg Billionaires Index, becoming the youngest self-made billionaire in the world.
He revealed in the article that he founded Polymarket in 2020, even using the bathroom of his New York apartment as an office to develop the product. At the beginning of the pandemic, he candidly admitted:
At that time, I had nothing: 21 years old, money was almost gone, dropped out of school for two and a half years but achieved nothing. But I knew that in this era filled with uncertainty, the path to finding the truth would become more important than ever.
This belief has become the spiritual core of Polymarket and an important concept in persuading institutional investors to bet on its vision.
From regulatory bans to mainstream finance: the turning point of the prediction market
Since its launch in 2020, Polymarket has accumulated over $19 billion in trading volume. However, in 2022, it was banned from offering services to U.S. users due to a lack of regulatory approval and was once regarded as a gray area product in the crypto space.
Today, with institutions like ICE and Founders Fund entering the field, the prediction market has long since moved into mainstream finance. If the $POLY Token ultimately comes to fruition, it will undoubtedly benefit many loyal users and provide a more mature capital and economic structure for the market and its products.
(Why is the prediction market becoming the VC golden goose: Polymarket and Kalshi leading the way, will the scale surpass the stock market? )
Will Polymarket issue tokens? The founder reveals two undisclosed funding rounds, hinting that $POLY will be launched, first reported by Chain News ABMedia.