NYSE Parent Invests Another $600 Million in Polymarket as Prediction Market Volume Soars

The Intercontinental Exchange, the mother or father firm of the New York Stock Exchange, has invested one other $600 million in Polymarket, one of many main crypto-based prediction markets. The transfer comes simply after Kalshi, Polymarket’s competitor, closed a $1 billion funding spherical, placing the corporate’s valuation at $22 billion.

It’s value noting that, with this, ICE’s funding totals about $2 billion, with its first pre-money funding introduced in October 2025.

Not solely does this present operational capital for the agency, but it surely additionally validates prediction markets as a supply of crowd-sourced occasion possibilities for institutional utilization that would span far past betting.

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