Close Menu
    Facebook LinkedIn YouTube WhatsApp X (Twitter) Pinterest
    Trending
    • How small businesses can leverage AI
    • Robots-Blog | Humanoide Robotik aus Deutschland: igus bringt neuen Serviceroboter auf den Markt
    • GM reimagines Hummer off-roader with California ideas unit
    • London’s DEScycle secures over €10 million in grant funding to scale critical metals recovery platform
    • How to Edit, Merge, and Split PDFs With Free Online Tools
    • Florida crackdown targets illegal machines in Sarasota
    • Audiophile-Oriented Noble Audio Debuts More Affordable Osprey Earbuds
    • New radio bursts detected from binary stars
    Facebook LinkedIn WhatsApp
    Times FeaturedTimes Featured
    Tuesday, June 2
    • Home
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    • More
      • AI
      • Robotics
      • Industries
      • Global
    Times FeaturedTimes Featured
    Home»News»NYSE owner Intercontinental Exchange invests $2B in Polymarket to expand global data reach
    News

    NYSE owner Intercontinental Exchange invests $2B in Polymarket to expand global data reach

    Editor Times FeaturedBy Editor Times FeaturedOctober 9, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp Copy Link


    Know-how and information big Intercontinental Change, Inc. (Intercontinental Change) has invested $2 billion in Polymarket. The shares bought within the predictions platform (at pre-investment) replicate a reported $8 billion in projected worth.

    The deal additionally marks Intercontinental Change because the official world distributor of Polymarket’s event-driven information and supplier of market outlook projections.

    Intercontinental Change invests billions in Polymarket

    Intercontinental Change operates among the greatest buying and selling flooring on the earth, together with the New York Inventory Change. The Fortune 500 firm is understood to most Individuals as a market chief in housing information, making it a key participant within the settlement of loans, mortgages, and shutting transactions.

    The deal between the 2 events won’t affect the earnings sheet of Intercontinental Change or the corporate’s 2025 monetary outcomes, in response to a recent release from the info supplier.

    “Our funding blends ICE (Worldwide Change), the proprietor of the New York Inventory Change, which was based in 1792, with a forward-thinking, revolutionary firm pioneering change inside the Decentralized Finance house,” mentioned Jeffrey C. Sprecher, Intercontinental Change CEO and chair.

    The brand new enterprise can be mentioned as a part of their third-quarter earnings name scheduled for October 30, and also will map the technique behind the Polymarket deal.

    Markets on every thing.

    We’re proud to announce that $ICE, the proprietor of @NYSE and the most important trade firm on the earth, is making a strategic funding of $2 billion into Polymarket, valuing us at $9 billion post-money.

    Our partnership with ICE marks a significant step in… pic.twitter.com/oShaglRx9p

    — Shayne Coplan 🦅 (@shayne_coplan) October 7, 2025

    Shayne Coplan, Founder and CEO of Polymarket, claimed the deal will lean on the monetary infrastructure that Intercontinental Change has established throughout the worldwide monetary sector.

    He said that by utilizing the corporate’s “institutional scale and credibility with Polymarket’s client savvy, we will ship world-class merchandise for the trendy investor.

    “Realizing the potential of recent applied sciences, comparable to tokenization, would require collaboration between established market leaders and next-generation innovators. We couldn’t be extra excited to construct collectively.”

    Polymarket to launch with legalized sports activities betting

    The predictions supplier has had a storied 2025, which we now have lined in nice element, and the most recent installment of the corporate’s launch ways includes the usage of registered sports data suppliers.

    Earlier this 12 months, Polymarket acquired, via a $112 million deal, a Commodity Futures Buying and selling Fee-licensed derivatives trade, QCX LLC, and its clearinghouse, QC Clearing LLC (QCEX).

    QCEX has now listed a number of regulatory statements, together with the settlement that SportsData would be the official sporting associate for information linked to occasion markets, and these are set to launch in early October 2025.

    This push to be concerned in deeper sporting traces and the combination of the monetary market and inventory projections mark a seminal a part of Polymarket’s lifecycle, on condition that the corporate was beneath immense strain firstly of 2025.

    It appears to be heading in the right direction with offers involving monetary heavyweights like Sprecher, who added, “There are alternatives throughout markets which ICE (Intercontinental Change) along with Polymarket can uniquely serve and we’re enthusiastic about the place this funding can take us.”

    Featured picture: Polymarket / Canva

    The submit NYSE owner Intercontinental Exchange invests $2B in Polymarket to expand global data reach appeared first on ReadWrite.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Editor Times Featured
    • Website

    Related Posts

    Florida crackdown targets illegal machines in Sarasota

    June 2, 2026

    Hawthorne bankruptcy dispute targets Illinois racing funds

    June 2, 2026

    Kalshi debuts regulated crypto perpetual futures

    June 2, 2026

    Manchester gambling raid sparks wider enforcement focus

    June 2, 2026

    Burbank laboratory owner sentenced over Medicare gambling fraud

    June 1, 2026

    Salesforce has a stake in Anthropic worth ~$5B; Salesforce first invested about $50M in an early 2023 round and has continually invested in rounds since (Brody Ford/Bloomberg)

    June 1, 2026

    Comments are closed.

    Editors Picks

    How small businesses can leverage AI

    June 2, 2026

    Robots-Blog | Humanoide Robotik aus Deutschland: igus bringt neuen Serviceroboter auf den Markt

    June 2, 2026

    GM reimagines Hummer off-roader with California ideas unit

    June 2, 2026

    London’s DEScycle secures over €10 million in grant funding to scale critical metals recovery platform

    June 2, 2026
    Categories
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    About Us
    About Us

    Welcome to Times Featured, an AI-driven entrepreneurship growth engine that is transforming the future of work, bridging the digital divide and encouraging younger community inclusion in the 4th Industrial Revolution, and nurturing new market leaders.

    Empowering the growth of profiles, leaders, entrepreneurs businesses, and startups on international landscape.

    Asia-Middle East-Europe-North America-Australia-Africa

    Facebook LinkedIn WhatsApp
    Featured Picks

    London-based Zango AI emerges from stealth, raising €4 million to innovate financial compliance systems with AI agents

    July 2, 2025

    How to stop AI agents going rogue

    August 26, 2025

    Lumbee voters receive gaming amendment information via website

    May 22, 2026
    Categories
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    Copyright © 2024 Timesfeatured.com IP Limited. All Rights.
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.