The world of decentralized finance and cryptocurrency is rapidly evolving. Our weekly recap helps you stay informed about the latest news and trends.

Polymarket Token Launch Considerations

Blockchain-based prediction platform Polymarket plans to launch its own token, according to The Information. The company seeks to raise over $50 million in funding, with investors potentially receiving token warrants. This move could have a significant impact on the crypto market given recent industry developments.

PayPal Opens Crypto Market to U.S. Businesses

On September 25, PayPal announced that U.S. business account holders can now buy, sell, hold, and transfer cryptocurrencies, expanding crypto market access for millions of entrepreneurs. However, this feature is not available to users in New York.

Binance Introduces Launchpool Pre-Sale

Binance has introduced a pre-market spot trading service developed in collaboration with Binance Spot and Launchpool. It enables users to buy tokens before their official spot market listing, offering actual tokens unlike derivatives on other platforms. This initiative provides early access to Launchpool tokens and extends token life cycles.

These key events highlight the ongoing development and shifts in the decentralized finance and cryptocurrency ecosystem, opening up new opportunities for market participants.