Intercontinental Trade (ICE), the guardian of the New York Inventory Trade (NYSE), stated Friday it accomplished a brand new $600 million direct money funding in Polymarket, deepening its guess on prediction markets as a brand new space of development for alternate operators.
The corporate additionally stated it expects to buy as much as $40 million of Polymarket securities from current holders, including to its beforehand introduced funding dedication made in October 2025.
In that earlier deal, ICE stated it could make investments as much as $2 billion in Polymarket, marking one of many largest institutional strikes into the prediction market sector. The most recent transaction advances that association, although phrases for the brand new funding, together with valuation, weren’t disclosed.
The deal indicators ICE’s intention to broaden its publicity to prediction markets, even because the sector faces evolving US regulatory scrutiny.
Polygon Labs says Polymarket scaling highlights infrastructure position
Aishwary Gupta, world head of enterprise at Polygon Labs, stated ICE’s newest funding displays institutional consideration towards onchain market platforms.
Gupta instructed Cointelegraph that Polymarket’s development on Polygon exhibits how blockchain infrastructure is getting used to help high-frequency, real-time market exercise.
Associated: Lawmakers push one other invoice to curb prediction market insider buying and selling
“Intercontinental Trade’s funding in Polymarket highlights the rising institutional curiosity in onchain market platforms,” Gupta stated.
He stated Polymarket’s development on Polygon exhibits how blockchain infrastructure can help excessive ranges of real-time market exercise at scale.
Regulators in 11 states made strikes towards prediction markets
The information comes as prediction markets face growing regulatory stress throughout the US.
At the very least 11 states are pursuing authorized motion towards prediction market platforms like Polymarket and Kalshi.
Nevada has issued a short lived ban on Polymarket competitor Kalshi, whereas Arizona filed felony costs alleging the platform operated an unlawful playing enterprise. A number of different states have despatched cease-and-desist orders or are contemplating new laws.
Polymarket lately up to date its guidelines to extra clearly prohibit buying and selling on confidential data as lawmakers and critics elevate considerations that prediction markets will be weak to insider-style exercise, particularly round politics, sports activities and geopolitics.
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