• Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is investing $2 billion in the prediction markets platform Polymarket, valuing the company at approximately $8 billion.
• This investment aims to enhance Polymarket's credibility and help it re-establish a U.S. presence, with ICE becoming a distributor of Polymarket's data.
• The deal comes after Polymarket resolved probes from the Justice Department and CFTC, and with the involvement of Donald Trump Jr. and his venture capital firm. Show Less
