ICE eyes further investment as Polymarket seeks $20B+

ICE may boost its investment in Polymarket, which is seeking funding at a $20B+ valuation. Their partnership centers on data and infrastructure, highlighting growing institutional interest in prediction markets.

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is considering additional investment in Polymarket as the prediction market platform seeks new funding at a valuation exceeding $20 billion. ICE has already committed up to $2 billion, with its stake reaching $1.64 billion by March, and has made direct investments totaling $1.6 billion since October 2025. The collaboration between ICE and Polymarket focuses on data and market infrastructure, with ICE aiming to become the global distributor of Polymarket’s event-driven data to institutional investors. This partnership is not a typical venture-capital move but is designed to leverage prediction-market data and expertise to enhance ICE’s core exchange business. As prediction markets attract more institutional capital and attention, Polymarket’s valuation has surged from $8 billion in 2025 to over $20 billion. ICE’s potential participation in the new funding round could further bridge prediction markets and mainstream finance, even as the sector faces regulatory scrutiny and seeks standardization.