New York Stock Exchange Owner to Acquire $2B Stake in Polymarket

Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, is set to invest $2 billion in crypto-powered prediction market Polymarket. The deal, which Polymarket CEO Shayne Coplan confirmed on X, values the platform at $9 billion. ICE’s investment could lend regulatory credibility to Polymarket’s efforts to return to the U.S. market. "Our partnership with ICE marks a major step in bringing prediction markets into the financial mainstream," Coplan wrote. "ICE is the one remaining founder-l ...