ICE Bets Big on Polymarket With $2 Billion Investment as Sportsbook Stocks Slide
Wall Street’s interest in alternative trading platforms is expanding rapidly, with one of its largest institutions diving headfirst into the world of prediction markets. Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, revealed it will invest $2 billion in Polymarket, a blockchain-powered prediction market operator. The announcement sent ripples through the […]
Wall Street’s interest in alternative trading platforms is expanding rapidly, with one of its largest institutions diving headfirst into the world of prediction markets. Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, revealed it will invest $2 billion in Polymarket, a blockchain-powered prediction market operator. The announcement sent ripples through the […]
