Intercontinental Exchange, parent company of NYSE, invests up to $2 billion in Polymarket, world’s largest prediction market, valued at $8 billion pre-investment. ICE to distribute Polymarket’s data globally, explore tokenization. Polymarket CEO praises partnership for bringing prediction markets mainstream. Polymarket benefited from legal ease after Trump’s election win, invested in by 1789 Capital and backed by Donald Trump Jr. Once barred, US users can now trade on Polymarket following CFTC directive. ICE sees potential in combining traditional finance with decentralized finance through Polymarket.

Read more at Yahoo Finance: Wall Street giant acquires major stake in Polymarket