TradFi ICE Invests $2B In Polymarket, Bridging Wall Street And Crypto
Intercontinental Exchange, also referred to as ICE, the parent company of the New York Stock Exchange, announced plans to invest up to $2 billion in Polymarket, one of the fastest-growing crypto-powered prediction platforms, where users trade on real-world outcomes.
Polymarket lands $2 Billion investment from intercontinental exchange, the parent company of the NYSE. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)
SOPA Images/LightRocket via Getty Images
The deal, which values Polymarket at roughly $8 billion, marks a significant step in bringing crypto-driven markets closer to Wall Street’s core infrastructure. Polymarket’s agreement sets the company apart from Kalshi, a regulated exchange that offers…
