Intercontinental Exchange, the parent firm of the New York Stock Exchange, has committed an additional 600 million dollars to Polymarket, a major player in blockchain based prediction markets.
This latest funding follows a major milestone by rival platform Kalshi, which recently secured 1 billion dollars in funding, bringing its valuation to 22 billion dollars.
With this new investment, Intercontinental Exchange’s total backing of Polymarket has reached approximately 2 billion dollars, including its earlier pre money investment announced in October 2025.
Beyond providing financial support for operations, the investment also signals growing institutional confidence in prediction markets. These platforms are increasingly being viewed as tools for generating crowd sourced probability insights, with potential applications extending well beyond traditional betting use cases.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
