Intercontinental Exchange invests in Polymarket

By Hao Liu • Wednesday, October 08 10:21 • Permanent Link

Intercontinental Exchange, Inc. (NYSE:ICE) has made a strategic investment in Polymarket, a prediction market and information platform, with the potential to invest up to $2 billion in Polymarket, valuing the company at approximately $8 billion pre-investment. As part of the agreement, ICE will become a global distributor of Polymarket's event-driven data, providing sentiment indicators to institutional investors globally.

The partnership with Polymarket marks ICE's entry into the prediction markets, allowing users to express their views on events by buying and selling shares of potential outcomes. Polymarket, founded in 2020, has gained momentum globally, particularly in current events, politics, business, culture, and sports predictions. It has also secured partnerships with notable platforms like X and Stocktwits.

ICE's Chair and CEO, Jeffrey C. Sprecher, expressed excitement about the investment and the potential it holds for both ICE and Polymarket, while Shayne Coplan, the founder and CEO of Polymarket, emphasized the expansion of how individuals and institutions use probabilities to understand and price the future.

The investment is expected to be in cash and is not anticipated to have a material impact on ICE's 2025 financial results or expected capital return plans. ICE plans to discuss this strategic investment further on its third-quarter earnings call scheduled for October 30, 2025.

ICE is a Fortune 500 company that provides financial technology and data services across major asset classes. Its futures, equity, and options exchanges, including the New York Stock Exchange, and clearing houses help people invest, raise capital, and manage risk.

ICE's strategic move to invest in Polymarket signifies its commitment to expanding its offerings and presence in the evolving financial landscape, tapping into the potential of prediction markets and event-driven data for institutional investors. As a result of these announcements, the company's shares have moved 1.84% on the market, and are now trading at a price of $161.98. If you want to know more, read the company's complete 8-K report here.

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