Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Polymarket Eyes $10B Valuation As Wall Street Giants Bet Big on Prediction Markets

Polymarket Eyes $10B Valuation As Wall Street Giants Bet Big on Prediction Markets

BeInCryptoBeInCrypto2025/10/07 03:34
By:Lockridge Okoth

Intercontinental Exchange, owner of the NYSE, is reportedly nearing a $2B investment in Polymarket, signaling Wall Street’s growing faith in prediction markets.

The Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is reportedly nearing a $2 billion investment in Polymarket.

It points to Wall Street’s most traditional player stepping into one of crypto’s most controversial frontiers.

NYSE Owner ICE Reportedly Nears $2 Billion Investment in Polymarket

Sources familiar with the matter told WSJ that the deal could value Polymarket at up to $10 billion. If it materializes, it would cement Polymarket’s status among the fastest-growing projects in decentralized finance (DeFi).

Polymarket CEO Shayne Coplan confirmed the news, indicating that the deal could put the prediction platform at a $9 billion valuation.

Markets on everything.We’re proud to announce that , the owner of and the largest exchange company in the world, is making a strategic investment of $2 billion into Polymarket, valuing us at $9 billion post-money.Our partnership with ICE marks a major step in…

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

If completed, the deal could also aid Polymarket’s ambitions as it re-establishes a presence in the US following the CFTC approval.

Despite regulatory troubles in the US, the platform has continued to thrive offshore, attracting a mix of retail traders and high-net-worth users seeking exposure to political, financial, and cultural event outcomes.

Meanwhile, the prospective ICE-Polymarket deal comes only months after reports indicated Peter Thiel’s Founders Fund led a $200 million investment, valuing the company around $1 billion.

Notably, ICE’s potential deal would multiply this figure several times over. The investment is expected to be finalized as soon as Tuesday, October 7. It marks a bold move by ICE, which boasts a market capitalization above $91 billion.

Polymarket Eyes $10B Valuation As Wall Street Giants Bet Big on Prediction Markets image 0Intercontinental Exchange (ICE) Market Cap. Source:
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Crypto’s Susceptibility to Quantum Attacks Revealed in North Korea’s $30 Million Breach

- South Korea's Upbit suffered a $30M hack by North Korea's Lazarus Group, exploiting Solana wallets and using multi-chain laundering to convert stolen assets into Ethereum . - Hackers employed "Harvest Now, Decrypt Later" tactics, storing encrypted data for future quantum decryption, raising concerns about current encryption standards. - Dunamu halted transactions and faces potential fines, while the attack coincided with its $10.3B Naver Financial merger, sparking timing scrutiny and regulatory delays. -

Bitget-RWA2025/11/29 11:50
Crypto’s Susceptibility to Quantum Attacks Revealed in North Korea’s $30 Million Breach

Solana News Today: Solana Price Swings and Institutional Trust: $140 Emerges as Key Breakout Trigger

- Solana's price nears $140 threshold as technical indicators and record ETF inflows signal institutional-driven structural shift. - $621M in 21-day ETF inflows highlight growing institutional adoption, contrasting with Bitcoin/Ethereum outflows and positioning Solana as a long-term capital magnet. - Franklin Templeton's pending ETF filing and stable derivatives positioning suggest imminent catalysts could trigger breakout or consolidation. - Market remains in holding pattern with $140 resistance critical

Bitget-RWA2025/11/29 11:50
Solana News Today: Solana Price Swings and Institutional Trust: $140 Emerges as Key Breakout Trigger

XRP News Update: Regulatory Transparency Drives XRP ETF Boom, $643 Million Invested During Initial Month

- XRP ETFs saw $643M net inflows in their first month, driven by regulatory clarity and institutional demand. - Grayscale, Franklin Templeton, and Bitwise led XRP accumulation, holding 0.5% of its market cap via ETFs. - XRP ETF inflows outpaced Solana and Dogecoin , with $243M peak daily inflows boosting market pressure. - Analysts highlight XRP's cross-border payment utility as a key differentiator from speculative altcoins. - Sustained inflows could push XRP toward $3 if ETF demand mirrors Bitcoin's 2024

Bitget-RWA2025/11/29 11:50
XRP News Update: Regulatory Transparency Drives XRP ETF Boom, $643 Million Invested During Initial Month