Owner of the New York Stock Exchange Intercontinental Exchange (ICE) is conducting advanced negotiations for an investment of $ 2 billion in the crypto money forecasting market Polymarket. Wall Street JournalAccording to the report, the agreement can be brought to the range of 8-10 billion dollars and can be announced in a short time. With the news flow, Ice shares rose in front market transactions.
Scope of the Agreement
It is aimed to increase the liquidity of the 2 billion dollar investment, to expand the product range and to invest in scalability. The fact that the figure is around 2 billion dollars points to an approach that pricts the increase in user and volume increase in the 2024–2025 period of the platform before the corporate investor. After the investment, Polymarket’s valuation is evaluated to move to the 8–10 billion dollar band.
Ice In terms of investment stock market management is an extension of the growth strategy that spreads to data, index and derivative ecosystem. Under the influence of the news, ICE shares rose over 4 percent in pre -market transactions. The reaction of the shares strengthened the expectations of the elimination of forecasting markets into corporate financial architecture.
Regulatory Floor for Polymarket
Polymarket, in 2022 CFTC After the reconciliation reached, US users limited the access of the platform. Recently, the plan of return to the United States on a licensed structure is on the agenda. In case of investment, regulatory compliance and market entry process is expected to accelerate.
On the market side, the scale winner after CFTC decisions Kalshi The growth of competitors such as showed that the network effects accelerated in the segment. Data show that Polymarket captures a wide audience with its political, sports and popular culture-oriented yes-life markets, and increases its visibility with new names on the management and consulting side. Possible ICE partnership can accelerate the main flow of forecasting markets with corporate surveillance, market integrity and data products.
