Intercontinental Exchange has deepened its commitment to prediction markets. The New York Stock Exchange parent has completed a $600mn investment in Polymarket as part of a previously announced arrangement that also includes plans to purchase up to $40mn in shares from existing holders.
ICE Commits Fresh $600mn to Polymarket in Prediction Market Push
27 March 2026 - 15:30 CET
By Matt Neill
Combined with a $1bn investment last October, ICE has now fulfilled its full financial commitment to the platform.
Prediction market surge
The move positions one of the world’s largest traditional exchange operators at the centre of a sector that is rapidly turning real-world events into tradable markets. Polymarket, founded in 2020, lets users bet on binary outcomes across politics, macro events and culture. The platform has scaled rapidly by adding crypto-native infrastructure such as cross-chain settlement and Bitcoin deposits while positioning itself for a regulated US relaunch.
Institutional appetite for prediction markets has surged. Previous fundraising talks valued Polymarket between $12bn and $15bn, up sharply from around $1bn in mid-2025, driven by higher trading volumes and expanding use cases.
Broader digital asset strategy
The investment forms part of ICE’s wider push into digital-asset and onchain infrastructure. Earlier this month, the exchange group took a minority stake in crypto platform OKX as it links traditional market liquidity with regulated crypto rails.
The rapid rise of prediction platforms is drawing increased scrutiny. Polymarket recently tightened its insider trading rules as market attention grows.
