Wall Street’s $2 Billion Bet on the Future: NYSE Owner Goes All-In on Polymarket Prediction Markets
ICE’s $2B Vote of Confidence in Polymarket Wall Street’s biggest exchange operator is making a bold bet that betting on real-world events is the next big financial frontier. Intercontinental Exchange Inc. (ICE) – the owner of the NYSE – confirmed it will invest $2 billion in Polymarket, a deal that values the crypto-powered betting platform at roughly $8 billion pre-money (around $10B post-investment) reuters.com reuters.com. This is a landmark endorsement of prediction markets by a mainstream financial giant. The deal, first reported by The Wall Street Journal and Bloomberg, could be officially announced any day ts2.tech. Why it matters: ICE’s