Intercontinental Exchange to Invest $2 Billion in Polymarket

ICE is investing $2 billion in Polymarket at a $9 billion valuation, marking a major step toward mainstream adoption of blockchain-based prediction markets.

(AI-generated image)

Posted October 8, 2025 at 9:53 am ET.

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), announced a strategic investment of $2 billion in crypto-based prediction market platform Polymarket.

Polymarket confirmed the strategic investment, which came at a $9 billion post-money valuation, after the New York Times first reported the deal.

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“Together, we’re building the next evolution of markets…This is just the beginning,” said Polymarket on X.

Alongside the cash investment, ICE will become a global distributor of Polymarket’s event-driven data and will partner with Polymarket on future tokenization initiatives.

The deal comes as Polymarket prepares for its return to the U.S. market after being effectively banned by the Commodity Futures Trading Commission (CFTC) in 2022 due to regulatory issues.