ICE Invests $2 Billion in Polymarket, Signaling Institutional Shift Toward Crypto Markets

The Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has reportedly committed a staggering $2 billion to the decentralized prediction market, Polymarket. While confirmations are pending, this move suggests a significant shift towards crypto markets from traditional finance institutions. The partnership could introduce institutional scale and legitimacy to prediction markets, potentially driving increased liquidity.