TREE NEWS reports: Polymarket has still not launched its long-promised $POLY token nearly a year after CMO Matthew Modabber confirmed on Oct. 24, 2025 that a token and airdrop were coming. The prediction market’s help center still says no airdrop or token generation event has been announced, while reports say JPMorgan ended its banking relationship in October 2025 over regulatory concerns. Analysts describe the token as indefinitely shelved rather than cancelled.
Polymarket’s $POLY Token Stalls as IPO Path Takes Priority
AI take
The delay signals that Polymarket is prioritizing regulatory standing and a possible public listing over token distribution, a notable shift for a platform whose user growth was partly tied to airdrop expectations. That affects users who positioned for a token event and any venue that priced in a future POLY market. Whether the token stays shelved or returns alongside an IPO path is the open question, and the banking situation is the variable worth watching.
Generated by AI for reference only.
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