NYSE-parent Intercontinental Exchange invests $600 million in Polymarket

NYSE-parent Intercontinental Exchange invests $600 million in Polymarket

Prediction markets ​have shifted from a niche corner of crypto and academic finance into a ​rapidly growing trading segment in ⁠under two ‌years, with volumes and ​user ​activity surging.

Intercontinental Exchange said on Friday it had invested $600 million in prediction markets platform Polymarket, as the New York Stock Exchange parent expands into the fast-growing event-based tradin… [+958 chars]