Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is in advanced talks to invest $2 billion in polymarketIf the deal goes through, the cryptocurrency prediction platform’s valuation will rise to $8-$10 billion.
Now polymarket was preparing for a broader rollout in the US after acquiring derivatives trading platform QCEX this summer. The platform also expanded its product offerings by adding earnings forecasting markets and, most recently, introduced a Bitcoin deposit feature to expand its funding options.
Markets now polymarket cover areas such as international politics, macroeconomics, kriptovalyuta and culture, and have already become a high-frequency barometer of rapidly changing news.
According to cryptocurrency analysts, investments from one of the world’s leading companies, Intercontinental Exchange, whose market value exceeds $90 billion, will increase confidence in polymarket, which is seeking to gain a foothold in the US market. This will also allow the platform to significantly outperform its competitors, such as the American platform Kalshi, which also announced imminent scaling.