POPA ReconIntercontinental Exchange invests $600M in Polymarket
Intercontinental Exchange invests $600M in Polymarket Intercontinental Exchange (ICE) has completed a $600M direct cash investment in Polymarket as part of its previously announced funding agreement, with an additional plan to purchase up to $40M in shares from existing holders. The move follows ICE’s initial $1B investment in October 2025, bringing its total commitment to approximately $1.64B and fulfilling its obligations under the agreement. Polymarket CEO Shayne Coplan also indicated that ICE could invest up to $2B in total, implying a pre-money valuation of around $8B for the platform…
The excerpt is quoted from a public Telegram channel, which owns its text.