INTERCONTINENTAL EXCHANGE INVESTS ANOTHER 600 MILLION IN POLYMARKET.
💰The parent company of the New York Stock Exchange completed a direct investment of 600 million dollars in Polymarket, the cryptocurrency-based prediction markets platform.
▫️The total investment of ICE in the firm reaches approximately 2.000 million dollars, after having started its strategic participation in October 2025.
💪This capitalization occurs in a context of high competition, shortly after Kalshi, Polymarket's main rival, closed a funding round of 1.000 million dollars that raised its valuation to 22.000 million.
💵 For its part, the new injection of funds places Polymarket's valuation at about 9.000 million dollars.
🤝 Beyond the financial contribution, the agreement consolidates ICE as a global distributor of Polymarket data for institutional investors.
👨💻 Polymarket, which operates on the Polygon network, allows users to trade outcomes of real events by buying shares of "yes" or "no."
▫️Currently, the platform has expanded its offerings with corporate earnings markets and deposits in Bitcoin, while seeking to broaden its deployment in the United States following the recent acquisition of the derivatives market QCEX and obtaining regulatory relief from the CFTC.