Paimon Polymarket Note (pPOLY)

309,677.42 $pPOLY at US$15.50 · a US$5M issuance at a US$15.5B entry valuation, struck above the last priced round · launching on PancakeSwap

Own Polymarket before it lists. One of the world's largest prediction markets — backed by the owner of the NYSE.

Polymarket is one of the world's largest prediction markets: crypto-native event trading settled in USDC on Polygon, live in 150+ countries, and — after acquiring CFTC-licensed QCEX — back in the United States. Intercontinental Exchange, the parent of the NYSE, invested ~US$1B in October 2025 and led a further ~US$1B round in March 2026 at a ~US$14.5B post-money valuation, taking its total commitment toward ~US$2B; ICE also distributes Polymarket's market data to its institutional client base. $pPOLY is a limited-recourse structured note issued by Paimon Limited, tracking the economic value of Polymarket Series B preferred shares bought off-chain in an ordinary secondary purchase and held in a dedicated, ring-fenced sleeve. Each token represents a fixed fraction of one share, locked at issuance: supply is normalised so that 1,000,000,000 tokens would represent the whole company, which means the token price in dollars reads across directly to the company valuation in billions. Tokens are only ever created against shares already acquired, so your per-token entitlement is never diluted. You do not own the shares and have no shareholder or voting rights, and no rights to any Polymarket token, coin or digital asset pass with the shares. Polymarket is not involved in and has not endorsed this product. Not an offer, and not available to US persons or restricted jurisdictions.