Polymarket's CEO Shayne Coplan announced a $2 billion investment from Intercontinental Exchange (ICE), owner of the New York Stock Exchange, valuing the prediction market platform at $9 billion. This deal links Polymarket to ICE’s vast financial infrastructure, enabling Polymarket’s data distribution to thousands of global financial institutions.
ICE’s CEO Jeffrey Sprecher highlighted the partnership as a blend of traditional finance’s scale with Polymarket’s innovation in decentralized finance. The collaboration aims to expand prediction markets into mainstream finance, using blockchain technology to offer new ways to price future events.
Polymarket gained mainstream attention last year when U.S. election data was incorporated into the Bloomberg Terminal. The platform also secured investments from notable backers, including Elon Musk and Donald Trump Jr., who serves as an advisor.
ICE and Polymarket plan to explore future tokenization projects together, marking a significant step for the growth of decentralized financial systems and event-driven data markets.
