(Bloomberg) -- Intercontinental Exchange Inc. won approval to operate a clearinghouse for US Treasuries, becoming the latest provider of the service under new regulations for the world’s largest debt market. The firm plans to clear US Treasuries after it got permission from the US Securities and Exchange Commission to operate, according to Paul Hamill, chief commercial officer of the company’s ICE Clear Credit unit. This service is now live, and preparing to add repurchase agreements by the end of the year. ...

Group 1 - Wall Street professionals are increasingly confident that prediction markets, particularly platforms like Polymarket, will remain significant players in the fintech space [1][2] - Polymarket, launched in 2020, is the largest prediction market globally, allowing users to predict various events using cryptocurrency [2] - Intercontinental Exchange Inc., the owner of the New York Stock Exchange, has announced an investment of up to $2 billion in Polymarket [2] Group 2 - Approximately 90% of surveyed Wall Street professionals believe that gaming and finance will intersect more in the future [3] - Despite the optimism regarding prediction markets, respondents express caution and do not fully trust these platforms to guide their investment decisions [5] - Regulatory bodies are expected to address the blurred lines between trading and gambling as the intersection of gaming and finance evolves [4] Group 3 - While there is optimism about prediction markets, Wall Street does not foresee tokenization significantly disrupting the entire financial system [6] - Tokenization involves using blockchain technology to convert real-world assets into digital tokens, allowing for 24/7 trading and fractional ownership [7] - Despite the growth of the tokenized assets market, traditional financial systems remain preferred by retail traders due to their established operations and regulatory framework [8]

Partnership & Integration - ICE Markets partners with Chainlink to deliver institutional-grade FX and precious metals data onchain [1][4] - ICE's Consolidated Feed integrates high-quality FX and precious metals rates into Chainlink Data Streams [1] - The collaboration enables access to reliable, tamper-resistant, and institutional-grade data for over 2,000 applications within the Chainlink ecosystem [2] Data & Technology - ICE's Consolidated Feed aggregates data from over 300 global exchanges and marketplaces [2][3] - Chainlink Data Streams strengthens the standard for onchain market data by incorporating ICE's data as a high-quality input [3] - Chainlink Data Streams has facilitated tens of trillions in transaction value across decentralized applications [4] Market Opportunity - Projected demand for tokenized real-world assets is expected to reach $301 trillion, creating a significant opportunity for institutions [3] - Organizations can leverage Chainlink's low-latency oracle and automated settlement infrastructure to tap into this opportunity with secure, high-frequency market data [4]