NYSE Owner ICE Backs Polymarket with $2B in Cash Investment Deal

TLDR Intercontinental Exchange is investing $2 billion in crypto prediction platform Polymarket. The investment raises Polymarket’s valuation to $9 billion after the deal. ICE will distribute Polymarket’s event-driven data to its global clients. Both companies will collaborate on future tokenization initiatives. ICE stock rose nearly 3 percent following the announcement of the investment. Intercontinental Exchange [...]

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