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New York Stock Exchange to invest up to £1.5bn in Trump-backed crypto betting market
Yahoo Finance· 2025-10-07 16:36
Donald Trump Jr serves on the advisory board for Polymarket - Edgar Su/Reuters The owner of the New York Stock Exchange is to invest up to $2bn (£1.5bn) into a crypto betting platform backed by the Trump family. Intercontinental Exchange (ICE) on Tuesday announced its support for Polymarket in a deal that values the five-year-old startup at $8bn (£6bn). The company was set up in 2020 in the bedroom of then 22-year-old New York University dropout Shayne Coplan. He stands to receive a substantial boost to ...