The prediction market Polymarket might launch a crypto token soon, according to its CEO. At the annual TOKEN2049 crypto conference in Singapore on Oct. 7, CEO Shayne Coplan said that his business was considering whether to issue an “on-chain asset” that would be tied to the company’s economics. Per Bloomberg, in August 2026, the prediction market was valued at $21 billion.

There isn’t any token to buy yet, nor is the launch date or any specifics about the asset’s tokenomics or other features known. Here’s what to read up on to do your due diligence once there’s a bit more information available.

Image source: Getty Images.

Polymarket has $166 million in revenue already

The first thing to appreciate here is that Polymarket probably…