Wall Street Giant’s $2 Billion Bet on Crypto Predictions – Why NYSE’s Owner is Backing Polymarket
Intercontinental Exchange, owner of the NYSE, is in talks to invest $2 billion in Polymarket, valuing the crypto-based prediction market at up to $10 billion, according to multiple reports. ICE shares rose about 4% on the news. Polymarket recently regained legal access to the U.S. after a CFTC no-action letter in September 2025. A formal deal announcement could come as soon as October 7.