The financial company Intercontinental Exchange (ICE), which owns the New York Stock Exchange, is negotiating a $2 billion investment in the betting platform Polymarket. This is reported by WSJ, citing sources familiar with the situation.
According to them, it is expected that after the round, the valuation of Polymarket is expected to grow to $ 8-10 billion. At the same time, the parameters of the deal may still change.
WSJ noted that the investment from ICE — one of the largest financial infrastructure operators with a capitalization of more than $90 billion — may increase confidence in Polymarket and contribute to its return to the U.S. market.
Recall that in July 2025, we reported that Polymarket acquired derivatives exchange QCX for $112 million, which will allow the platform to legally operate in the US. Before that, the latter received a license from the Commodity Futures Trading Commission.
In September, experts said that Polymarket is preparing for a new major investment round, which could significantly increase its market value. At that time, it was reported that the company was considering offers that valued it at about $9 billion, and one of the investors even offered a deal with a valuation of $10 billion.