ICE announces strategic investment in Polymarket

(PRESS RELEASE) – Intercontinental Exchange, Inc. (ICE), a leading global provider of technology and data, today announced a strategic investment in Polymarket, the prediction market platform that tracks event probabilities across markets, politics, sports, and culture.

Investment Details

Under the agreement, ICE will invest up to $2 billion in Polymarket, valuing the platform at approximately $8 billion pre-investment.

In addition to the investment, ICE will become a global distributor of Polymarket’s event-driven data, providing clients with sentiment indicators on market-relevant topics. ICE and Polymarket also plan to collaborate on future tokenization initiatives.

Jeffrey C. Sprecher, ICE Chair and CEO, said:

“Our investment combines ICE, the owner of the New York Stock Exchange founded in 1792, with a forward-thinking, revolutionary company like Polymarket, pioneering change in decentralized finance. Shayne Coplan has assembled a team focused on product, usage, and distribution, and we see unique opportunities across markets that ICE and Polymarket can serve together. We are excited about where this partnership can take us.”

Shayne Coplan, Founder and CEO of Polymarket, added:

“The partnership with ICE is a major step in bringing prediction markets into mainstream finance. By combining ICE’s institutional scale and credibility with Polymarket’s consumer expertise, we can deliver world-class products for modern investors. Realizing the potential of new technologies, such as tokenization, requires collaboration between established market leaders and next-generation innovators. We couldn’t be more excited to build this future together.”

About Polymarket

Polymarket allows users to express their views on events by buying and selling shares of potential outcomes, with each trade matched peer-to-peer via smart contracts. Market size and scale grow with the number of participants. Founded by Shayne Coplan in 2020, Polymarket has attracted global users interested in politics, business, culture, and sports, gaining recognition for the accuracy of its markets. The platform is the official prediction market partner of X and Stocktwits, among others.

The investment will be made in cash and is not expected to materially impact ICE’s 2025 financial results or capital return plans. ICE will provide further details on its strategic investment in Polymarket during its Q3 earnings call scheduled for October 30, 2025.