ICE to Become Distributor of Polymarket Data to Institutional Investors Globally
Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced a strategic investment in Polymarket, the prediction market and information platform tracking event probabilities across markets, politics, sport and culture.
Under the terms of the agreement, ICE will invest up to $2 billion in Polymarket, reflecting a valuation of approximately $8 billion pre-investment.
Alongside its investment, ICE will become a global distributor of Polymarket’s event-driven data, providing customers with sentiment indicators on topics of market relevance. Additionally, ICE and Polymarket have also agreed to partner on future tokenization initiatives.
“Our investment blends ICE, the owner of the New York Stock Exchange, which was founded in 1792, with a forward-thinking, revolutionary company pioneering change within the Decentralized Finance space,” said Jeffrey C. Sprecher, ICE Chair & Chief Executive Officer. “Shayne Coplan has assembled a team at Polymarket to create a user-driven company relentlessly focused on product, building usage and distribution. There are opportunities across markets which ICE together with Polymarket can uniquely serve and we are excited about where this investment can take us.”
“Our partnership with ICE marks a major step in bringing prediction markets into the financial mainstream,” said Shayne Coplan, Founder and CEO of Polymarket. “Together, we’re expanding how individuals and institutions use probabilities to understand and price the future. Jeff and his team have redefined how modern markets operate, establishing ICE as the gold standard for trusted financial infrastructure. By combining ICE’s institutional scale and credibility with Polymarket’s consumer savvy, we will be able to deliver world-class products for the modern investor. Realizing the potential of new technologies, such as tokenization, will require collaboration between established market leaders and next-generation innovators. We couldn’t be more excited to build together.”
Polymarket allows users to express their views on events by buying and selling shares of potential outcomes, with every trade matched peer-to-peer through smart contracts. Markets grow in size and scale based on the number of users participating. Founded by Shayne Coplan in 2020, Polymarket has gained momentum from users globally interested in expressing their opinions on current events, politics, business moves, culture and sports. The platform has gained prominence for the accuracy of its markets and is now the Official Prediction Market Partner of X, and Stocktwits, among others.
The investment consideration will be in cash and is not expected to have a material impact on ICE’s 2025 financial results or expected capital return plans. ICE will further discuss its strategic investment in Polymarket on its third quarter earnings call scheduled for October 30, 2025.
