# Polymarket CMO Confirms Token Airdrop

*Author: Jack Inabinet*
*Published: Oct 24, 2025*
*Source: https://www.bankless.com/read/news/polymarket-token-airdrop-confirmed*

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Polymarket CMO Matthew Modabber has [confirmed](https://x.com/i/broadcasts/1DXxyWLbaBvGM) the POLY token airdrop, stating Thursday in an interview with *Degenz Live*, "There will be a token, there will be an airdrop."

### **What’s the Scoop?**
- **Token and Airdrop Confirmed:** While Modabber confirmed the POLY airdrop to *Degenz Live,* timing remains uncertain. Modabber emphasized that Polymarket's immediate focus is its impending U.S. relaunch.
- **Regulated Return:** Polymarket has been building towards its American return for months. Earlier this year, Polymarket [acquired](https://www.prnewswire.com/news-releases/polymarket-acquires-cftc-licensed-exchange-and-clearinghouse-qcex-for-112-million-302509626.html) CFTC-registered derivatives exchange QCX for $112M. This subsidiary [received](https://www.cftc.gov/PressRoom/PressReleases/9113-25) a no-action letter for its event contract recordkeeping policies from the CFTC in early September, and regulatory filings submitted September 30 [indicate](https://www.qcex.com/files/QCX%20LLC%20EWC%20-%20PMX.2025.4%20(2025.10.1).pdf) the exchange could begin listing markets at any time.
- **Soaring Valuation:** Intercontinental Exchange (ICE) [invested](https://www.bankless.com/read/news/ice-invests-2b-in-polymarket-to-bring-prediction-markets-to-wall-street) $2B in Polymarket at a $9B post-investment valuation just two weeks ago, yet the prediction market is already [reported](https://www.bloomberg.com/news/articles/2025-10-23/polymarket-is-seeking-funding-at-a-valuation-of-up-to-15-billion) to be seeking new funding at a potential $15B valuation.
- **DraftKings Competition: **Beleaguered DraftKings (DKNG) – an online sports gambling platform whose share price has plummeted over 30% since September amid increasing competition from prediction markets – [announced](https://www.bankless.com/read/news/draftkings-enters-prediction-market-arena-with-polymarket-partnership) its own prediction market mobile app earlier this week, which will tap Polymarket for clearinghouse services.

### **Bankless Take:**
We've been covering potential Polymarket airdrop eligibility requirements for well over a year. Stay ahead of the drops: explore 150+ verified airdrop opportunities (including Polymarket) with the [Bankless Airdrop Hunter](https://www.bankless.com/airdrop-hunter).

> BREAKING: [@MatthewModabber](https://twitter.com/MatthewModabber?ref_src=twsrc%5Etfw) on [@DegenzLive](https://twitter.com/DegenzLive?ref_src=twsrc%5Etfw):“There will be a token, there will be an airdrop”Bullish for [@Polymarket](https://twitter.com/Polymarket?ref_src=twsrc%5Etfw) [pic.twitter.com/DDu2MHefph](https://t.co/DDu2MHefph)— d1namit (@0xd1namit) [October 24, 2025](https://twitter.com/0xd1namit/status/1981661321101009388?ref_src=twsrc%5Etfw)
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*This article is brought to you by [MetaMask](https://www.bankless.com/sponsor/metamask-1776260643?ref=read/news/polymarket-token-airdrop-confirmed)*