NYSE's Intercontinental Exchange Takes $2B Stake in Polymarket
New York Stock Exchange parent Intercontinental Exchange is taking a $2 billion stake in prediction markets platform Polymarket. The deal values Polymarket at approximately $8 billion, both companies said in a Tuesday press release. The investment by one of the world’s leading exchange operators, which has a market value of more than $90 billion, could enhance the betting platform’s credibility and aid its efforts to re-establish a U.S. presence. Atlanta-based ICE said it would pay for the deal in cash and that it would become a distributor of Polymarket’s event-driven data. JUST IN: NYSE owner Intercontinental Exchange invests $2 billion in Polymarket, the largest private round in crypto history. pic.twitter.com/BPPhEoWhpF — Watcher.Guru (@WatcherGuru) October 7, 2025 Polymarket’s relationship with US authorities has improved under the crypto-friendly Trump administration. Polymarket’s founder and Chief Executive Shayne Coplan. shared a Bloomberg article on social media in mid-Ju...