Intercontinental Exchange Inc. (ICE), a Fortune 500 company and the parent company of the world’s largest New York Stock Exchange (NYSE), announced plans to invest up to $2 billion in the crypto-based betting platform Polymarket, marking one of the most significant moves by a traditional financial institution into decentralized prediction markets. The deal, announced Tuesday, values Polymarket at about $8 billion. Under the partnership, ICE will distribute Polymarket’s event-driven data to global clients, offering market sentiment insights drawn from real-world predictions
source: https://dailycoin.com/nyse-owner-backs-polymarket-with-2-billion-bet/?utm_source=cryptopanic&utm_medium=rss