The Intercontinental Exchange (ICE) — parent company of the New York Stock Exchange (NYSE) — is reportedly in advanced talks to invest $2 billion in Polymarket, one of the leading blockchain-powered prediction markets. The potential deal would value Polymarket at up to $10 billion, signaling a significant step toward bridging traditional finance and decentralized prediction platforms.
If finalized, the investment could play a pivotal role in helping Polymarket reenter the U.S. market, from which it has been restricted since 2022 following a settlement with the Commodity Futures Trading Commission (CFTC).
Polymarket’s Expansion and Strategic Reentry Plan
Founded in 2020, Polymarket allows users to trade on outcomes of global events, ranging from politics and macroeconomics to sports and company performance. After years of operating primarily outside the U.S., the platform has been preparing for a compliant domestic comeback by acquiring a licensed exchange and clearinghouse earlier this year.
In recent months, Polymarket has also strengthened its advisory network, notably with the addition of Donald Trump Jr. and new venture capital partners, reflecting its growing mainstream visibility.
According to on-chain data aggregators, Polymarket recorded over $1.5 billion in trading volume last month, with $164 million in total value locked (TVL). To date, the company has raised more than $300 million from high-profile investors, including Founders Fund, established by entrepreneur Peter Thiel.
Analysts See Institutional Confidence in Crypto Forecasting
Financial experts note that ICE’s potential stake could bring regulatory credibility to blockchain-based prediction markets.
Competitors like Kalshi, which recently secured $185 million in funding at a $2 billion valuation, indicate that prediction markets are becoming a new frontier for regulated crypto finance.
As institutional capital flows continue to merge with decentralized innovation, Polymarket’s $2 billion investment milestone could mark the beginning of a new era where Wall Street meets Web3 forecasting.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.