Intercontinental Exchange Backs Polymarket in $9B Valuation Move

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Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, just made one of the boldest moves in crypto’s short history, investing $2 billion in Polymarket, the prediction market platform shaking up decentralized finance. The deal marks the largest private funding round ever in crypto, valuing Polymarket at a staggering $9 billion post-money, according to CEO Shayne Coplan. “Our partnership with ICE marks a major step in bringing prediction markets into the financial mainstream,” Coplan shared on X. “It’s also a monumental step forward for DeFi.” Polymarket was born from a simple but powerful idea, markets are better

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