NYSE Parent Company Invests $2 Billion in Polymarket, Valuing It at $9 Billion

Intercontinental Exchange, the parent company of the NYSE, has invested $2 billion in Polymarket, a crypto prediction market, raising its valuation to $9 billion. This investment underscores the increasing interest in cryptocurrency and prediction markets, indicating confidence in their growth potential and aligning with the NYSE's strategy to diversify and innovate in financial technologies.