NYSE owner Intercontinental Exchange invests $600 million in Polymarket
Crypto Briefing
Intercontinental Exchange invested $600 million in prediction market platform Polymarket.Summary
Intercontinental Exchange (ICE), the operator of the New York Stock Exchange (NYSE), has finalized a $600 million direct cash investment into Polymarket, a prominent prediction market platform. This funding is part of a previously disclosed investment plan, which follows ICE's initial $1 billion investment in Polymarket. Furthermore, ICE retains the option to purchase up to $40 million of existing securities to complete the original arrangement's commitments.
(Source：Crypto Briefing)