Polymarket Delays Token Launch to Focus on US App Amid Regulatory Hurdles

Prediction market platform Polymarket has announced a delay in its planned native token launch, prioritizing the deployment of its US-based application due to ongoing regulatory challenges and high consumer demand. The company’s recent funding success and strategic partnerships, including collaborations with sports organizations like the NHL and DraftKings, signal its expanding influence within the growing digital assets ecosystem and blockchain-based financial services. 2 billion investment from Intercontinental Exchange (ICE), valuing it at $10 billion, is a testament to Polymarket’s momentum and growth trajectory.