The post NYSE Owner Strategically Investing Up to $2bn in Polymarket appeared first on Vegas Slots Online News.
Prediction market platforms are taking the world by storm, and investors are looking to get a slice of the action. Polymarket operated its platform in the US until 2022, when it agreed to exit the US market as part of a settlement with the Commodities and Futures Trading Commission (CFTC). After acquiring the CFTC-licensed derivatives exchange QCX LLC in July 2025, it plans to soon re-enter the market.
giving a pre-investment valuation of $8bn to the prediction site
The owner of the New York Stock Exchange (NYSE) is bullish about its prospects, as Intercontinental Exchange (ICE) will invest up to $2bn in Polymarket, giving a pre-investment valuation of $8bn to the prediction site:
Through this deal, ICE will distribute Polymarket data and help secure global expansion. They will also work together on future tokenization initiatives. Talking about the new partnership, ICE CEO and Chairperson Jeffrey Sprecher said that the two parties will be able to deliver “world-class products” to investors through a combination of “ICE’s institutional scale and credibility with Polymarket’s consumer savvy.”
Sprecher emphasized that Polymarket still has a lot of work to do and that the company will reveal more details about the strategic investment in its October 30 earnings call. Polymarket CEO and founder Shayne Coplan said that this agreement marks a big step in transitioning prediction markets into “the financial mainstream.”
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