{"id":1788,"date":"2025-10-07T11:57:22","date_gmt":"2025-10-07T11:57:22","guid":{"rendered":"https:\/\/finzexpert.com\/blog\/nyse-owner-intercontinental-exchange-2-billion-polymarket-stake\/"},"modified":"2025-10-07T11:57:22","modified_gmt":"2025-10-07T11:57:22","slug":"nyse-owner-intercontinental-exchange-2-billion-polymarket-stake","status":"publish","type":"post","link":"https:\/\/finzexpert.com\/blog\/nyse-owner-intercontinental-exchange-2-billion-polymarket-stake\/","title":{"rendered":"NYSE-owner Intercontinental Exchange $2 billion Polymarket stake"},"content":{"rendered":"\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108208201\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Traders work on the floor of the New York Stock Exchange. <\/p>\n<p>NYSE<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Shares of New York Stock Exchange parent, <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">Intercontinental Exchange<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>, rose more than 3% in the premarket after the company announced it took a $2 billion stake in prediction markets platform Polymarket.<\/p>\n<p>The deal values Polymarket at approximately $8 billion, both companies said in a release.<\/p>\n<p>&#8220;There are opportunities across markets which ICE together with Polymarket can uniquely serve and we are excited about where this investment can take us,&#8221; Intercontinental Exchange CEO Jeffrey Sprecher said in a statement.<\/p>\n<div class=\"ArticleBody-blockquote\">\n<p>Tune in at 8:40 a.m. ET as Polymarket CEO Shayne Coplan and ICE CEO Jeffrey Sprecher join CNBC&#8217;s &#8220;Squawk Box&#8221; to discuss the deal.\u00a0Watch in real time\u00a0on CNBC+ or the CNBC Pro stream.<\/p>\n<\/div>\n<p>The deal comes as prediction markets become more mainstream, with Polymarket rival Kalshi enjoying sharp trading volume increases thanks to the implementation of sports-related contracts. Prediction markets industry revenue may climb to $8 billion by 2030 as it takes market share from the sports gambling industry, according to analysis by Piper Sandler.<\/p>\n<p>Polymarket, earlier this year, also secured an investment from 1789 Capital, which is backed by Donald Trump Jr. The company was also greenlit last month to launch in the U.S.<\/p>\n<p>Polymarket founder and CEO Shayne Coplan wrote that,&#8221; by\u00a0combining ICE&#8217;s institutional scale and credibility with Polymarket&#8217;s consumer savvy, we will be able to deliver world-class products for the modern investor.&#8221;<\/p>\n<p>The deal was first reported by The Wall Street Journal.<\/p>\n<p><em>Subscribe <\/em><em>to CNBC PRO<\/em><em> for exclusive insights and analysis, and live business day programming from around the world.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Traders work on the floor of the New York Stock Exchange. NYSE Shares of New York Stock Exchange parent, Intercontinental Exchange, rose more than 3% in the premarket after the company announced it took a $2 billion stake in prediction markets platform Polymarket. The deal values Polymarket at approximately $8 billion, both companies said in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[343,1742,1741,1740,1743,582],"class_list":["post-1788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-billion","tag-exchange","tag-intercontinental","tag-nyseowner","tag-polymarket","tag-stake"],"_links":{"self":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/1788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/comments?post=1788"}],"version-history":[{"count":0,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/1788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media\/1789"}],"wp:attachment":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=1788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=1788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=1788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}