NYSE Owner Invests $600 Million in Polymarket, Capping Deal

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Intercontinental Exchange Inc. (ICE), owner of the New York Stock Exchange, has completed a $600 million cash investment in Polymarket, a prediction markets platform. This investment finalizes ICE’s plan to build a stake in Polymarket. Additionally, ICE anticipates purchasing up to $40 million in Polymarket securities from current holders.

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