NYSE Parent Plans to Invest $2 Billion in Polymarket

Core Insights - Intercontinental Exchange Inc., the owner of the New York Stock Exchange, plans to invest up to $2 billion in the crypto-based betting platform Polymarket, which values the company at approximately $8 billion [1] Investment Details - The investment by Intercontinental Exchange Inc. is significant, indicating a strong belief in the potential of the crypto-based betting market [1] - The valuation of Polymarket at around $8 billion reflects the growing interest and investment in cryptocurrency-related platforms [1]