NYSE Parent Company Takes Major Stake in Polymarket with $2 Billion Investment
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has announced a significant investment of up to $2 billion in the prediction market platform Polymarket. This move values Polymarket at approximately $9 billion and signals a growing interest in mainstream adoption of prediction markets and decentralized finance (DeFi). The investment is expected to expand funding options for users, including the ability to deposit Bitcoin. As the prediction market gains traction, this injection of capital positions Polymarket as a key player in the evolving landscape of crypto betting and forecasting.
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