Intercontinental Exchange, the global exchange operator that owns the New York Stock Exchange (NYSE), has completed a $600 million direct cash investment in Polymarket, a leading prediction market platform, the company said Friday.
This funding is part of a previously announced investment plan and comes after ICE’s $1 billion initial investment in Polymarket. ICE may additionally purchase up to $40 million of existing securities, fulfilling its commitments under the original arrangement.
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