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Intercontinental Exchange (ICE), the parent of the New York Stock Exchange, is investing $2 billion in Polymarket.
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The deal values Polymarket at $9 billion and marks ICE’s biggest crypto-linked investment to date.
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The partnership could help Polymarket expand into regulated U.S. markets.
Traditional Finance Meets Onchain Predictions
ICE, the powerhouse behind the NYSE, confirmed a $2 billion strategic investment in Polymarket, valuing the blockchain-based prediction platform at roughly $9 billion post-money.
Polymarket, which runs on the Polygon network, lets users trade “yes or no” outcomes on real-world events — from elections and macro data to crypto trends — using USDC-backed markets.
A Boost to Credibility and Expansion
The move signals growing confidence in crypto-native prediction markets from major traditional finance institutions. ICE’s involvement could help Polymarket secure regulatory pathways for U.S. operations and boost its mainstream recognition.
The firm recently acquired derivatives venue QCEX, part of its broader plan to expand across the U.S. after ongoing talks with the CFTC. With ICE’s backing, Polymarket is now one of the most highly valued players in the prediction market sector, well ahead of its rivals.
