Last Updated: Oct. 7, 2025 at 1:04 p.m. ET
First Published: Oct. 7, 2025 at 9:12 a.m. ET
Intercontinental Exchange Inc. is making a big move into the fast-growing realm of prediction markets, as the owner of the iconic New York Stock Exchange looks to keep pace with its rivals.
The $2 billion investment announced Tuesday by Intercontinental Exchange into privately held Polymarket is a way for the owner of the 233-year-old NYSE to link Wall Street to Main Street, allowing it to take part in the public’s growing interest in betting on the outcomes of everything from the outcome of elections, the number of tweets by Tesla Inc. TSLA Chief Executive Elon Musk and the winner of the World Series.
