Exchanges· ★★★· bearish·

Bloomberg: Polymarket Leaves Token Plans Unclear, Disappointing Community

  • —Coplan touted potential of tokens and equity but gave no concrete issuance plan
  • —CoinGecko: under 10% of tokens on major CEXs rose in price from Jan 2025 to Feb 2026
  • —Across is winding down its token and offering holders equity instead
  • —Centrifuge CEO says tokens can hinder institutional client acquisition
Why it matters: A sign of cooling token narratives: projects increasingly favor equity over tokens, shifting holder expectations.
Source: PANews