Rumors of Polymarket launching a token after filing with the SEC

The crypto market prediction platform Polymarket is becoming the center of discussion regarding the possibility of token issuance, after its parent company Blockratize submitted its latest filing to the Securities and Exchange Commission America (SEC).

According to the documents, the company aims to raise 257 million USD, of which 135 million USD has been sold and approximately 122 million USD remains undistributed. Notably, Polymarket stated that investors are offered "other warrants" in the fundraising terms. These financial instruments can include various benefits, but are often tied to token that provide future ownership.

This detail has led many observers to relate it to the case of dYdX – a project that previously implemented a similar structure before its token issuance. Although Polymarket has not confirmed its token issuance plan, the inclusion of these benefits in the agreement indicates that the management is considering mechanisms that could support a public launch in the future.

The information appears in the context of Polymarket seeking a new funding round that could value the company at up to $10 billion.

Expanding into the American market

Alongside the rumors about the token, Polymarket is accelerating its expansion in America by diversifying its products beyond the crypto sector.

The company has partnered with Stocktwits – a popular social media platform among the retail investor community in America – to launch a prediction market linked to corporate earnings reports. This feature will be directly integrated into the stock code pages on Stocktwits, where users can track prediction rates throughout the earnings release season.

The implementation, expected to start from September 2025, will apply to certain listed companies and expand to tools such as "mention markets" to monitor the frequency of keyword mentions during earnings announcement meetings.

Matthew Modabber, Marketing Director of Polymarket, said:

"The market predicts turning uncertainty into clarity by transforming big questions – such as corporate profits – into tradable outcomes with transparent pricing."

This move comes after the Commodity Futures Trading Commission of America (CFTC) expressed a positive stance. In early September, the CFTC stated that it would not enforce certain record-keeping and reporting obligations related to event contracts, paving the way for Polymarket to return to the American market.

Thạch Sanh