Polymarket's parent company, Blockratize Inc., recently officially filed trademark applications in the United States for the names "POLY" and "$POLY," a move XEM by observers as a significant legal step in preparing for the development of the popular prediction market platform's own Token ecosystem. The trademark applications were filed as "intent-to-use," meaning the company is registering the trademarks in advance to protect the brand for products and services it plans to launch in the future, and are currently awaiting XEM and approval from the relevant authorities.
According to the filing, Blockratize wants to use the POLY brand for a range of services related to financial software, cryptocurrency trading platforms, downloadable trading applications, and services related to digital Token . This suggests that Polymarket may be preparing to significantly expand into blockchain trading infrastructure and decentralized finance products, rather than focusing solely on market prediction as it currently does.
The registration of the POLY trademark further reinforces Polymarket's previously confirmed information regarding its plans to Token Issuance and launch an Airdrop program for its user community. However, the platform has yet to announce a specific timeline for the Token launch. In the context of a crypto market entering a period of fierce competition between prediction market projects and decentralized finance platforms, this early legal preparation could help Polymarket avoid trademark disputes and lay the groundwork for future Capital, product development, and ecosystem expansion.
