NYSE Owner Eyes Massive $2B Stake in Polymarket; Is a $10B

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Polymarket

ICE’s $2B push into Polymarket reads like Wall Street’s gatekeeper putting a price on crowdsourced truth, turning shutdown-stalled odds-making into an exchange-grade asset at an $8B–$10B clip.

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Hassan Shittu

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Hassan Shittu

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Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

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Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is reportedly in advanced talks to acquire a $2 billion stake in Polymarket, a fast-growing crypto-based prediction platform.

According to a Wall Street Journal report citing people familiar with the matter, the deal could be announced as soon as Tuesday, potentially valuing Polymarket between $8 billion and $10 billion.

Following the report, ICE shares rose over 4% in pre-market trading as investors welcomed the potential diversification of the exchange operator’s portfolio.

According to a joint statement, alongside the investment, ICE will become a global distributor of Polymarket’s event-driven data, offering clients new tools for gauging sentiment around political, economic, and cultural events.

The partnership also includes plans to collaborate on tokenization initiatives, positioning ICE at the intersection of traditional finance and decentralized prediction markets.

“Shayne Coplan has assembled a team at Polymarket to create a user-driven company relentlessly focused on product, usage, and distribution. There are opportunities across markets that ICE and Polymarket can uniquely serve, and we are excited about where this investment can take us,” said Jeffrey C. Sprecher, ICE Chair and CEO.

Founded in Manhattan, New York, Polymarket enables users to trade on real-world outcomes spanning politics, economics, weather events, and global affairs. The platform has rapidly grown in influence amid rising demand for on-chain event forecasting tools, which combine market dynamics with crowd-sourced intelligence.

From Thiel to Trump Jr.: Strategic Moves Fuel Polymarket’s $10B Valuation.

​Polymarket’s potential $10 billion valuation would represent a tenfold increase from just a few months ago. In June 2025, Peter Thiel’s Founders Fund led a $200 million funding round, valuing the firm at $1 billion.

​Since then, Polymarket has attracted major backers, including Donald Trump Jr., who joined its advisory board in August following his firm 1789 Capital’s multimillion-dollar investment.

​The expansion comes on the heels of regulatory clearance, following the Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) closing investigations into the firm in July, paving the way for a full-scale U.S. reentry.

​Polymarket has also announced a collaboration with Elon Musk’s X platform, integrating its markets with xAI’s Grok chatbot for real-time predictive analytics.

​In September, the company rolled out a 4% annualized yield feature on select long-term geopolitical and political markets, including wagers on the 2028 U.S. presidential election and leadership outcomes in countries such as Russia, China, and Israel.

Polymarket’s U.S. Return Stalls as Government Shutdown Freezes CFTC Operations.

Polymarket’s long-awaited relaunch in the United States has...

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