Polymarket founder Shayne Coplan teases potential POLY token

Polymarket founder Shayne Coplan, who was anointed as the "youngest self-made billionaire" by Bloomberg on Wednesday, teased the launch of a native token for the popular predictions platform.

In a semi-cryptic X post, Coplan suggested that a POLY token could become one of the largest tokens by market capitalization. 

"$BTC
"$ETH
"$BNB
"$SOL
"$POLY 🤔," Coplan wrote.

The Polymarket CEO seemingly eliminated XRP from its current position as the fourth-largest free-floating crypto asset, according to The Block’s price data, though that may be do to a quirk in the Kaito data he was reposting.

This isn't the first time someone associated with Polymarket has hinted that the team is considering rewarding users with a token launch. According to reporting at the time, the Polymarket X account briefly shared a message saying "we predict future drops" in the days following President Donald Trump’s election in November 2024.

Also, in September 2025, Polymarket's parent company Blockratize submitted an SEC filing revealing "other warrants" in its latest funding round, a move reminiscent of dYdX's pre-launch approach, again raising speculation of a potential token launch.

Earlier Wednesday, Coplan disclosed two previously unannounced funding rounds from the past two years, including, most recently, a $150 million round in 2025 led by Founders Fund at a $1.2 billion valuation.

This announcement came after a deal with NYSE parent firm Intercontinental Exchange to invest up to $2 billion in Polymarket at a $9 billion post-money valuation. According to ICE, the prediction market had a roughly $8 billion pre-investment valuation.

Polymarket has seen nearly $19 billion in cumulative trading volume since launching in 2020, according to The Block's data.