polymarket filed $POLY trademark this month. 13.37m weekly transactions vs kalshi's 324k signals heavy farming already underway. hyperliquid processed $29b launch month from airdrop chasers. qcx acquisition bought cftc compliance making a token legally viable. cumulative volume is the eligibility metric to watch. ...

LATEST: ⚡ Polymarket's parent firm has filed trademark applications for "POLY" and "$POLY" ahead of the prediction market platform's anticipated token launch, the details of which have yet to be revealed. https://t.co/E1mF9kHvuB ...

Polymarket parent firm files trademark applications for 'POLY' amid token launch plans https://t.co/z0iWAjXu3L ...

🚨LATEST: POLYMARKET OWNER FILES TRADEMARK FOR $POLY, WEN LAUNCH?Blockratize, the parent company of @Polymarket, has filed a trademark application for POLY.The filing was reported on February 6, according to @Cointelegraph.Polymarket operates as a crypto-based prediction market in the United States.The company is headquartered in Manhattan, New York City. ...

What's worse:Polymarket never launching the token?Or launching POLY, but equity holders get all the upside and ownership, while tokens receive only some utility and such? ...

RT Ignas | DeFi (@DefiIgnas)There's no other token excites me more than $POLY by Polymarket.At a $15B FDV, $POLY would rank the same as $SUI and slightly above $LINK, but it all depends on their equity versus token structure.I want in. https://t.co/yjPyI7kGVr ...

There's no other token excites me more than $POLY by Polymarket.At a $15B FDV, $POLY would rank the same as $SUI and slightly above $LINK, but it all depends on their equity versus token structure.I want in. https://t.co/yjPyI7kGVr ...

Core Insights - Polymarket is reentering the U.S. market with new partnerships, including a multiyear deal with PrizePicks and becoming the official prediction market partner for Yahoo Finance [1][2] Group 1: Partnerships and Collaborations - Polymarket has partnered with leading U.S. fantasy sports platform PrizePicks to provide users access to curated prediction markets in sports, entertainment, and culture [1] - The platform has also secured a partnership with Yahoo Finance, enhancing its visibility and credibility in the market [1] Group 2: Regulatory Developments - Following a settlement with the Commodity Futures Trading Commission (CFTC) in 2022, Polymarket had blocked U.S. users but is expected to reopen its platform to them by the end of the month [2] - The reopening follows Polymarket's acquisition of the CFTC-licensed exchange QCEX in July, which is a significant step towards regulatory compliance [2] Group 3: Platform Operations and Performance - The U.S. exchange is currently live and operational, with onboarding of users already in progress as part of a beta test [3] - Polymarket has achieved significant success with its U.S. 2024 presidential election market, attracting billions in volume and gaining attention alongside traditional polls [3] Group 4: Financial Metrics and Future Plans - Polymarket recorded a monthly volume of $3 billion last month, with current metrics indicating a continuation of high activity at $1.4 billion [4] - The company plans to launch its native cryptocurrency, POLY, following its full return to the U.S. market [4] - Intercontinental Exchange, the parent company of the New York Stock Exchange, announced an investment of up to $2 billion in Polymarket, reflecting growing investor interest [5]

Core Insights - The competition between Kalshi and Polymarket in the prediction markets sector highlights a disparity in valuations, with Kalshi valued at $5 billion and Polymarket at $9 billion despite Kalshi's early lead in the U.S. market [2][4]. Company Overview - Kalshi is gaining traction in the U.S. prediction market, attracting users who bet on various events, while Polymarket is still in the process of obtaining legal approval to operate in the U.S. [2][3]. - Polymarket's operations are built on blockchain technology, giving it a unique advantage in the crypto space, while Kalshi is working to integrate crypto capabilities [3][4]. Market Dynamics - The rise of prediction markets has been facilitated by a more favorable regulatory environment in 2024, allowing both companies to seek funding and expand their user bases [2]. - Despite Kalshi's success in the U.S. sports gambling market and higher app downloads, Polymarket's valuation is significantly higher, attributed to its potential token drop and crypto association [4][5]. Leadership and Challenges - Both companies are led by CEOs with questionable reputations; Polymarket's CEO faces concerns about his maturity, while Kalshi's CEO has been criticized for unethical tactics [6][7].

BREAKING: POLYMARKET CEO SHAYNE COPLAN TEASES POLYMARKET TOKEN $POLY https://t.co/0RTzpcT9G8 ...