[Lunch Briefing] Polymarket “Considering Issuing Its Own Token”

The main virtual asset is Honjosae.

At 12:48 PM on the 24th, Bitcoin (BTC) recorded 84,392,000 won on Bithumb, down 0.6% from the previous day. Ethereum (ETH) fell 1.46% from the previous day to 3,512,000 won, Binance Coin (BNB) rose 1.76% to 808,500 won, Solana (SOL) rose 1.56% to 195,600 won, and Ripple (XRP) fell 0.76% to 781 won.



At the same time, on CoinMarketCap, BTC was recorded at $63,155.8, down 1.94% from the previous day. ETH was traded at $2,628.93, down 1.83%, BNB at $605.11, up 1.43%, SOL at $146.39, down 0.98%, and XRP at $0.5852, down 1.23%.

The total market capitalization of virtual assets decreased by 1.66% from the previous day to $2.22 trillion (approximately KRW 2,959.704 trillion). The fear and greed index of virtual asset data provider Alternative.me rose 4 points from the previous day to 54 points, reaching a ‘neutral’ status.

Decentralized betting platform Polymarket has announced that it is considering issuing its own token.

According to foreign media reports on the 24th, Polymarket is seeking to attract investment worth 50 million dollars (approximately 66.6 billion won) and is planning to grant investors the right to purchase its own tokens to be issued in the future.

Polymarket succeeded in attracting a total of $70 million (approximately 93.3 billion won) in two rounds in May. This is due to the growing interest among virtual asset investors in the upcoming US presidential election in November, and the popularity of Polymarket’s betting on the presidential candidate. Polymarket’s monthly trading volume reached $472 million (approximately 629.2 billion won) last month, breaking the all-time high.

Reporter Kim Jeong-woo

woo@decenter.kr