Reported 1 day ago
Intercontinental Exchange (ICE), owner of the New York Stock Exchange, announced an investment up to $2 billion in Polymarket, a crypto-based prediction marketplace valued at approximately $8 billion. This partnership aims to legitimize prediction markets in the financial sector and assist Polymarket in possibly returning to the U.S. market after regulations hindered access. ICE will also provide data and work with Polymarket on tokenization initiatives, with the CEO expressing optimism about the future of prediction markets.
Source: YAHOO