Polymarket Files for Crypto Token Trademarks as Legal Battles Mount

In brief

  • Polymarket has filed U.S. trademark applications for POLY and $POLY tied to digital token and crypto trading services.
  • Executives previously confirmed plans to Decrypt for a POLY token and a possible airdrop focused on “true utility.”
  • The move comes as Polymarket faces fresh legal challenges, with traders seeing low odds of a token launch before May.

Polymarket has filed trademark applications for “POLY” and “$POLY” with the U.S. Patent and Trademark Office, signaling concrete steps toward launching its long-anticipated native token, even as the prediction market faces mounting regulatory challenges.

The filings, submitted Thursday by Polymarket’s parent company Blockratize Inc., cover trademark protection for…

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