Polymarket’s valuation soars to $9 billion to $10 billion Exchange operator is investing $2 billion in Polymarket at a preinvestment valuation of $8 billion ICE owns the New York Stock Exchange Prediction markets operator Polymarket’s valuation swelled as high as $10 billion following a $2 billion investment by Intercontinental Exchange (NYSE: ICE). The floor of the New York Stock Exchange. Owner Intercontinental Exchange is investing $2 billion in Polymarket. (Image: ABC News) The owner of the New York Stock Exchange reached an agreement with Shayne Coplan’s company under which it will invest $2 billion in the event contract purveyor at a premoney valuation of $8 billion. On a post-investment basis, Polymarket is now valued at $9 billion to $10 billion, confirming the accuracy of reports that surfaced last month indicating the company was attempting to raise capital in that valuation range. Alongside its investment, ICE will become a global distributor of Polymarket’s event-driven data, providing customers with sentiment indicators on…Read MoreCategory: FinancialSource: Casino.org

NYSE Owner ICE Invests $2 Billion in Polymarket at Valuation of Up to $10 Billion (Casino.org)
•
•
Last articles
-
Robinhood Adding Over 100 Prediction Markets, Including Politics, Sports (Casino.org)
Brokerage firm says it plans to add 100+ event contracts in coming weeks, months It’s already added 35 election contracts…
-
Coming to Vegas: Slots That Withdraw From Your Bank Account (Casino.org)
Las Vegas slots players who run out of money during a session may soon be able to reload without ever…
-
Polymarket Valuation Could Soar to $15 Billion in Next Funding Round (Casino.org)
News emerges about two weeks after company was valued at up to $10 billion Rival Kalshi said to be considering…



