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ICE Announces $600 Million Strategic Investment in Polymarket

Bitcoin Magazine
Intercontinental Exchange (ICE) completed a $600 million cash investment in prediction market platform Polymarket.

Summary

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has finalized a $600 million direct cash investment in the blockchain-based prediction market platform Polymarket as part of a larger equity fundraising round. This new funding fulfills ICE's previously disclosed $1 billion commitment made in October 2025, which also includes plans to acquire up to $40 million in securities from existing Polymarket holders. Polymarket allows users to trade on real-world events and supports bitcoin deposits. This significant investment highlights the expansion of traditional financial market infrastructure firms like ICE into digital assets and crypto-adjacent platforms, underscoring rising institutional interest in prediction markets as both trading venues and data sources. Polymarket has grown significantly, especially after re-entering the U.S. market under full Commodity Futures Trading Commission (CFTC) regulation in late 2025.

(Source:Bitcoin Magazine)