Blockratize, the parent company of cryptocurrency prediction platform Polymarket, has filed a trademark application for the terms “POLY” and “$POLY” in the United States.
The filing is seen as an important step in formalizing the legal process for the company’s previously announced native POLY token issuance and airdrop implementation plan.
USPTO (United States Patent and Trademark Office) records show that an application filed on February 4 started appearing in the system earlier this week. Files are currently categorized as “active” and “pending review.” The USPTO states that the application meets the minimum requirements but has not yet been assigned to an examiner.
These applications cover a wide range of categories, including downloadable financial and cryptocurrency trading software, digital token and cryptocurrency services, and platform services for electronic trading and clearing infrastructure. Both applications are filed on an “intended use” basis, indicating that the trademarks are not yet in active commercial use.
The 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 supported by airdrops. Founder Shane Coplan also shared various tips regarding the token plan.
*This is not investment advice.