Update
Polymarket Considers Equity Path or Token Launch
Polymarket, a prediction market, is considering whether to pursue a traditional equity path or a token launch. The company has not announced any plans for an airdrop or a token generation event. Polymarket has a valuation of around $15 billion and has been building a regulated footprint in the US, including acquiring QCEX and launching Polymarket US. The company has hired senior professionals from traditional finance, which is widely read as groundwork for a potential IPO. The decision on whether to pursue an equity path or a token launch is still under consideration.