The Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, is reportedly close to investing $2 billion in prediction market platform Polymarket.
The deal could value Polymarket between $8 billion and $10 billion.
The S&P 500 sees its 32nd record high this year. After a strategic investment, @ICE_Markets will begin distributing @Polymarket's data to institutional investors globally for the first time. @Ash_TV has more in the market update.
— NYSE 🏛 (@NYSE) October 7, 2025
➡️ Follow @NYSE for the daily Market Update pic.twitter.com/YEf6fJWTKl
Polymarket allows users to trade on predictions tied to sports, politics, entertainment, and the economy. Interest in such “event contracts” has grown sharply since last year’s U.S. presidential election.
We are excited to announce that Intercontinental Exchange (ICE) — the parent company of @NYSE, is making a $2b strategic investment at a $9b post-money valuation.
— Polymarket (@Polymarket) October 7, 2025
Together, we’re building the next evolution of markets.
A special thank you to all those who have supported us… pic.twitter.com/y7Z3koj3IU
Following the news, ICE shares rose 4.4% in premarket trading.
