ICE Invests $2 Billion in Polymarket, Entering Prediction Market Realm

Intercontinental Exchange (ICE), parent company of the New York Stock Exchange (NYSE), has made a significant investment of $2 billion in Polymarket, a leading decentralized prediction market platform. This landmark deal values Polymarket at $8 billion before the investment and $9 billion after, marking one of the largest strategic investments in the DeFi sector this year. 💰 ICE will gain access to real-time market sentiment data on global events through Polymarket’s event-based information distribution channel. The company plans to work together on projects connecting traditional finance systems with blockchain technology via tokenization initiatives.