Shayne Coplan, CEO of Polymarket, renewed speculation about a native token at the TOKEN2049 conference in Singapore without providing a launch date or distribution details. He discussed an on-chain asset with real programmable utility tied to the platform’s economy, without specifying governance rights or potential benefits for holders. Previous hints included a cryptic post mentioning « $POLY » last October and trademark applications filed for POLY and $POLY in February 2026. A Galaxy Research study reveals that over 69 % of the 2.9 million accounts examined finished below break-even, with combined losses of $338.9 million. Polymarket also faces legal challenges, including a New York lawsuit for illegal gambling and underage trading, as well as criminal charges against 26 users in South Korea for nearly $13 million in illegal wagers.
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