ICE Invests $2B in Polymarket to Bring Prediction Markets to Wall Street

Intercontinental Exchange (ICE) – parent company of the New York Stock Exchange – is investing $2B in Polymarket, a fast-growing prediction market platform known for its crowd-sourced probabilities on politics, sports, and global events. The deal values Polymarket at $9B post-investment.

What’s the Scoop?

• Major Investment: ICE’s $2B cash investment in decentralized finance marks one of the largest institutional deals in DeFi history and signals Wall Street’s growing interest in prediction markets as data and trading tools.
• Data Distribution Deal: ICE will become the global distributor of Polymarket’s event-driven data — providing institutional investors access to crowd-sourced sentiment indicators on markets, politics, and culture.
• Tokenization Tie-Up: The firms plan to collaborate on tokenization initiatives, exploring how decentralized infrastructure and blockchain-based assets can complement ICE’s regulated financial systems.
• Executive Commentary: ICE CEO Jeffrey Sprecher called the partnership a fusion of “centuries of market-building experience” with Polymarket’s “revolutionary” user-driven model. Polymarket founder Shayne Coplan said the collaboration “brings prediction markets into the financial mainstream.”