Big news from @Polymarket.NYSE owner (Intercontinental Exchange) planning to invest $2B USD in Polymarket at a $10B USD valuation https://t.co/0RIAGDoQUX ...

Core Insights - Traditional financial giants are increasingly focusing on emerging crypto prediction markets, with Intercontinental Exchange (ICE) negotiating a significant investment in Polymarket, potentially valuing the platform between $8 billion and $10 billion [1][2] Group 1: Investment and Market Dynamics - ICE is reportedly close to finalizing a $2 billion investment in Polymarket, which could reshape the platform's future and enhance its credibility in the market [1] - The investment comes as Polymarket seeks to re-enter the crucial U.S. market after being banned from serving U.S. users since 2022 [1][2] - The political environment has shifted favorably for Polymarket, with improved relations with U.S. regulatory bodies under the Trump administration [2] Group 2: Growth of Prediction Markets - The interest from ICE highlights the growing influence of prediction markets, with Polymarket gaining significant traction during the 2024 U.S. presidential election, achieving over $2 billion in trading volume [3] - Competitors like Kalshi are also experiencing rapid growth, with a recent valuation of $2 billion and record trading volumes through partnerships with platforms like Robinhood [3] Group 3: Strategic Moves and Controversies - ICE's negotiations with Polymarket align with its strategic focus on capturing emerging trends in financial market infrastructure, reflecting a significant bet on the future potential of prediction markets [4] - The entry of ICE into the prediction market space places it at the center of ongoing debates regarding financial innovation and traditional regulatory boundaries, especially in light of pushback from traditional gambling industries [4]

$2B investment into Polymarketzoomer (@zoomerfied):[ ZOOMER ]THE NYSE’S OWNER, INTERCONTINENTAL EXCHANGE, NEARS DEAL TO INVEST $2B INTO POLYMARKET: WSJ ...

Investment & Valuation - Intercontinental Exchange (ICE) is in advanced talks to invest $2 billion in Polymarket [1] - The deal could value Polymarket between $8 billion and $10 billion [1] Company Focus - Polymarket is a prediction market platform [1]

Core Insights - Intercontinental Exchange (ICE) is investing $2 billion in Polymarket, valuing the platform at $9 billion, which may enhance its regulatory credibility in the U.S. market [1][2] - Polymarket, founded in 2020, allows users to bet on future events and has been unavailable to U.S. users since a 2022 settlement with the Commodity Futures Trading Commission [2][3] - The platform reported $1.5 billion in volume last month and has $164 million in total value locked, with a total of $300 million raised from investors including Founders Fund [4] Company Developments - Polymarket has acquired a licensed exchange and clearing house to facilitate its reentry into the U.S. market and has strengthened political ties, including Donald Trump Jr. joining its advisory board [3] - The CEO of Polymarket emphasized the importance of finding truth in the current era and the platform's potential role in that [3] Market Context - Rival platform Kalshi has experienced increased volume and raised $185 million at a $2 billion valuation over the summer [4]

Group 1 - Intercontinental Exchange's shares rose over 4% in premarket trading following reports of a nearing $2 billion stake deal in Polymarket, valuing the company between $8 billion and $10 billion [1] - Prediction markets are becoming more mainstream, with Polymarket's competitor Kalshi experiencing significant trading volume increases due to sports-related contracts [2] - Polymarket received approval to launch in the U.S. from the CFTC, with CEO Shayne Coplan praising the Commission for their expedited process [3] Group 2 - Earlier this year, Polymarket secured an investment from 1789 Capital, which is associated with Donald Trump Jr. [2]

纽约证券交易所母公司Intercontinental Exchange接近达成协议，向Polymarket投资20亿美元。此次投资预计将使Polymarket估值在80亿至100亿美元之间。 ...

Core Insights - Intercontinental Exchange, the parent company of the New York Stock Exchange, is reportedly in discussions to invest $2 billion in the predictions market platform Polymarket [1] Company Summary - Intercontinental Exchange is exploring a significant investment opportunity in Polymarket, which indicates a strategic interest in expanding its portfolio in the predictions market sector [1] - The potential investment of $2 billion highlights the growing importance and interest in prediction markets within the financial landscape [1] Industry Summary - The predictions market platform Polymarket is gaining attention from major financial institutions, reflecting a trend towards innovative trading platforms that leverage market predictions [1] - This investment could signify a shift in how traditional financial entities engage with emerging market technologies and platforms [1]

Core Points - Columbus Day 2025, observed since 1937, honors Italian Americans but faces increasing advocacy for recognizing Indigenous Peoples due to historical violence by Christopher Columbus [1][2] - Columbus Day remains a federal holiday on October 13, 2025, with some institutions closing while major stock exchanges like NYSE and Nasdaq will operate normally [2][3] - The US bond market will be closed on Columbus Day, following a different holiday schedule, while electronic trading platforms will remain active [3] Market Impact - Major stock exchanges, including NYSE and Nasdaq, will operate during regular trading hours on Columbus Day, indicating no disruption in stock trading activities [2][3] - The US bond market's closure on Columbus Day suggests a divergence in trading schedules between stock and bond markets, impacting liquidity and trading strategies [3] - Commodity futures markets will follow modified trading schedules, which may affect trading volumes and market dynamics on that day [3]

Group 1 - The core point of the article highlights the performance of major agricultural futures contracts on the Intercontinental Exchange (ICE) as of September 30, with most contracts experiencing price increases [1] Group 2 - Raw sugar futures rose by 0.91%, closing at 16.60 cents per pound [1] - Cotton futures increased by 0.34%, closing at 65.72 cents per pound [1] - Cocoa futures fell by 4.16%, closing at $6,707.00 per ton [1] - Coffee futures saw a rise of 0.54%, closing at 374.20 cents per pound [1]