The parent company of NYSE, ICE, announced an additional $600 million investment in Polymarket, predicting accelerated market institutionalization.

The parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE, NYSE: ICE), announced a new round of $600 million investment in Polymarket, the world’s largest prediction market platform. This is the first specific funding amount disclosed following ICE’s announcement last October of a planned investment of up to $2 billion.

The Context of ICE’s Collaboration with Polymarket

ICE’s relationship with Polymarket began in October 2025, when ICE announced a strategic equity investment in Polymarket and obtained exclusive institutional capital market data distribution rights, valuing Polymarket at approximately $9 billion. In February of this year, the two parties further launched the “Polymarket Signals and Sentiment Tool,” which structured Polymarket’s crowd prediction data to provide standardized signals to institutional investors, serving as a complementary tool to traditional market sentiment indicators.

This new $600 million investment is an extension and deepening of this series of collaborations, reflecting ICE’s continued bet on the institutional potential of prediction markets.

The Institutionalization Process of Polymarket

Currently, Polymarket is the largest decentralized prediction market by trading volume globally and gained significant attention during the 2024 U.S. presidential election for its accurate predictions of election outcomes. ICE’s ongoing investment signifies a systematic transformation of prediction markets from “crypto-native niche products” to “institutional-grade financial instruments.”

On the other hand, the U.S. Congress is also closely monitoring regulatory issues surrounding prediction markets. The PREDICT Act was recently proposed, which aims to prohibit members of Congress and government officials from engaging in politically related trades on platforms like Polymarket and Kalshi, indicating that while the institutional acceptance of prediction markets is increasing, they are also facing stricter regulatory scrutiny.

This article about ICE, the parent company of NYSE, announcing a new $600 million investment in Polymarket and the acceleration of the institutionalization of prediction markets first appeared in Chain News ABMedia.