$POLY Token
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Easy· 2026-02-06 01:08
Now would be a great time to reward all the people who aren’t fully invested in crypto and decided to shrug off this opportunityAlso I need money for taxes so this would be greatly appreciated man.zoomer (@zoomerfied):[ ZOOMER ]POLYMARKET FILES TRADEMARK FOR $POLY TOKEN: SYNOPTIC ...
Polymarket Tiptoes Back Into The US With Limited Beta Rollout
Yahoo Finance· 2025-11-13 02:46
Core Insights - Polymarket has initiated live testing of its US exchange, onboarding a limited number of users as part of a beta phase, with plans for a broader relaunch in the American betting market [1] - The exchange is fully operational for selected accounts while final preparations for wider access are underway [1] - The company aims to capture growing interest in wagering on real-world events, particularly following the last presidential election [3] Company Developments - Polymarket's US rollout follows a reset period after moving offshore and paying a $1.4 million penalty in 2022 to settle CFTC allegations [2] - The firm acquired QCEX earlier this year, which has CFTC approval to operate a derivatives exchange and clearinghouse, enhancing Polymarket's position in regulated markets [4] - The company is seeking fresh capital at a valuation between $12 billion and $15 billion, following an investment of up to $2 billion from Intercontinental Exchange [5] Market Context - Other platforms like Kalshi and FanDuel are also launching new prediction products, indicating a competitive landscape in the prediction market [3] - Google Finance plans to display live data from Polymarket and Kalshi, which could help normalize prediction prices for a broader audience [6] Strategic Positioning - Polymarket positions itself as a market venue rather than a casino, criticizing traditional sports book models for monopolizing pricing and limiting user profitability [5] - The founder expressed confidence in the team's ability to quickly bring the platform to market, highlighting the challenges faced [4]