NYSE Parent Firm ICE Set to Invest in Polymarket Platform

Intercontinental Exchange, the parent company of the New York Stock Exchange, is reportedly close to finalizing a $2 billion investment in Polymarket, as per a report from the Wall Street Journal. According to WSJ, the deal could value the prediction market platform at as much as $10 billion, marking one of the largest intersections of traditional finance and crypto-driven markets to date. Shares of ICE surged over 4% in premarket trading following the news, reflecting investor enthusiasm. The partnershi ...