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Mar 27, 2026

Intercontinental Exchange Completes $600 Million Investment in Polymarket

NYSE parent company ICE has completed a $600 million direct cash investment in prediction market platform Polymarket, bringing its total commitment to nearly $2 billion. The investment comes as prediction markets have surged past $20 billion in monthly volume, driven by geopolitics and macroeconomic event trading.

Mar 27, 2026·4 sources
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Top claims

  • ▪Kalshi is generating an estimated $1.5 billion in annual revenue.
  • ▪Intercontinental Exchange's $600 million investment in Polymarket was a direct cash investment.
  • ▪Kalshi's $22 billion valuation is roughly double its previous valuation.

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