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Polymarket weighs IPO vs. native token launch amid $20B valuation talks

Market News
13 Oct 2026
Crypto Briefing
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Bullish
Polymarket weighs IPO vs. native token launch amid $20B valuation talks

Polymarket is deciding whether to pursue a traditional equity path, such as an IPO, or launch a native token as its next step. The company has not announced any token plans but CEO Shayne Coplan hinted at exploring an onchain asset with programmable utility. Polymarket's valuation has rapidly increased, reaching over $20 billion in recent talks, supported by strong revenue exceeding $1 billion annually. The company has also been building a regulated US presence, suggesting the equity route is a serious option, though a hybrid approach remains possible. Investors should watch for any formal announcements on tokens, IPO filings, or further fundraising news.

Polymarket's strategic options include an equity path or a token launch, providing context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Oct 14, 2026 07:01 WIB: 34 of 50 major cryptocurrencies rose today. Uniswap (UNI) gained 8.64% to Rp134.975 with a typical hold time of 65 days and a strong buy order activity of 96%.

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