ICE Completes ₱36.34 billion ($600 million) Investment in Polymarket
Intercontinental Exchange closed a ₱36.34 billion ($600 million) cash investment in Polymarket on March 27, following the company's return to U.S. markets under federal oversight after CFTC approval in late 2025.
Key Takeaway
Traditional finance is betting big on crypto prediction markets after CFTC cleared the regulatory path.
Intercontinental Exchange closed a ₱36.34 billion ($600 million) cash investment in Polymarket, the blockchain-based prediction market that re-entered U.S. markets under federal oversight late last year.
The deal follows ICE's ₱60.57 billion ($1 billion) commitment announced in October 2025. The New York Stock Exchange parent company said the investment won't materially impact its financial results or capital return plans. ICE CEO Jeffrey Sprecher said the partnership will allow both companies to uniquely serve opportunities across markets. Polymarket founder Shayne Coplan described the deal as a fusion of institutional scale and consumer savvy.
Polymarket launched in 2020 but operated outside the U.S. until the Commodity Futures Trading Commission cleared its return in late 2025. The company rolled out a U.S.-focused app in December 2025 after years of regulatory resistance that sidelined earlier prediction market platforms.
Analysts at Piper Sandler project the prediction markets sector could hit ₱484.53 billion ($8 billion) in annual revenue by 2030. The ICE-Polymarket partnership marks one of the largest private investments ever made in a crypto-native platform. ICE still plans to purchase $40 million in Polymarket securities from existing shareholders, bringing its total exposure above $640 million.
This article was written based on reporting from Bitcoin Magazine.
