SEC document unexpectedly reveals "warrant" clause! Polymarket is rumored to issue tokens, with a valuation potentially reaching $10 billion.

The encryption prediction market platform Polymarket has recently become the focus of market discussion, as its parent company Blockratize included a "other warrants" clause in the latest financing documents submitted to the U.S. Securities and Exchange Commission (SEC), raising speculation about its potential issuance of tokens.

SEC document details: Financing structure triggers Token association

According to SEC documents, Polymarket plans to raise $257 million, of which $135 million has been sold, and approximately $122 million remains unallocated.

The document mentions that investors will receive "other warrants" - these financial instruments are typically linked to future ownership or Token issuance.

Market observers pointed out that this is similar to the structure adopted by dYdX before its token issuance, suggesting that Polymarket's management may be reserving space for a future token public offering.

Valuation may reach 10 billion USD, new round of financing in progress

As the news breaks, Polymarket is seeking a new round of funding, with market rumors suggesting its valuation could reach $10 billion.

If the Token issuance plan is implemented, it could become a significant event in the field of encryption prediction markets.

Accelerate Expansion in the U.S. Market: Collaboration with Stocktwits

In addition to the Token rumors, Polymarket is also actively expanding its market presence in the United States:

· Collaborate with the well-known American retail social platform Stocktwits

· Launch a prediction market linked to corporate financial reports, directly integrated into the stock quote page.

· Users can track the prediction change rate during earnings season and use the "mention market" feature to analyze keyword frequency in earnings calls.

The feature is expected to go live for the first batch in September 2025, covering some listed companies, and will gradually expand thereafter.

Regulatory Attitude Warms: CFTC Releases Positive Signals

In early September, the Commodity Futures Trading Commission (CFTC) stated that it would not take enforcement action regarding certain record-keeping and reporting obligations related to event contracts, paving the way for Polymarket to return to the US market.

Matthew Modabber, the Marketing Director of Polymarket, stated: "Prediction markets transform significant issues such as corporate profits into tradable outcomes with transparent pricing, thereby converting uncertainty into clarity."

Conclusion

The "warrant" clause in the SEC documents brings the possibility of Polymarket Token issuance to the forefront, coupled with rumors of a billion-dollar valuation and expansion plans in the U.S. market, the platform is at the forefront of the encryption prediction market. If the Token plan materializes, it could reshape the competitive landscape in the field.