Blockratize, the parent company of cryptocurrency prediction platform Polymarket, has filed trademark applications in the US for the terms “POLY” and “$POLY”.
The applications are seen as a significant step formalizing the legal process for the company’s previously announced plans to issue a native POLY token and conduct an airdrop.
According to USPTO (U.S. Patent and Trademark Office) records, applications filed on February 4th became visible in the system earlier this week. The files are currently categorized as “active” and “pending review.” The USPTO states that the applications meet the minimum requirements but have not yet been assigned to an examiner.
The applications cover a wide range of categories, including downloadable financial and cryptocurrency trading software, digital token and cryptocurrency services, and platform services for electronic transaction and clearing infrastructure. Both applications were made on an “intent-to-use” basis, indicating that the trademarks are not yet in active commercial use.
This move serves as a formal legal signal regarding Polymarket’s long-awaited token plans. In October, the company’s Marketing Director, Matthew Modabber, confirmed the launch of a native POLY token, to be supported by an airdrop. Founder Shayne Coplan had also made various public hints about the token plan.
*This is not investment advice.