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NYSE owner to invest $2b in betting firm Polymarket

The transaction values Polymarket at roughly $8b, and ICE will become a global distributor of Polymarket’s event-driven data. ICE and Polymarket have agreed to partner on future tokenization initiatives, with ICE CEO Jeffrey Sprecher saying there are opportunities across markets that ICE and Polymarket can uniquely serve.

“There are opportunities across markets which ICE together with Polymarket can uniquely serve, and we are excited about where this investment can take us,” ICE Chief Executive Officer Jeffrey Sprecher said in the statement.