Reported 1 day ago
Intercontinental Exchange, owner of the New York Stock Exchange, is set to invest up to $2 billion in Polymarket, a platform for trading shares of event outcomes. This partnership aims to promote tokenization initiatives, enabling digital tokens derived from real-world assets to be traded more publicly. Polymarket, founded in 2020, provides a space for users to leverage their opinions on various topics, including politics and business. While proponents see tokenization as a means to make trading more accessible, critics raise concerns about potential risks to investor protections.
Source: YAHOO