Polymarket Eyes $10B Valuation As Wall Street Giants Bet Big on Prediction Markets

The Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is reportedly nearing a $2 billion investment in Polymarket.

It points to Wall Street’s most traditional player stepping into one of crypto’s most controversial frontiers.

NYSE Owner ICE Reportedly Nears $2 Billion Investment in Polymarket

Sources familiar with the matter told WSJ that the deal could value Polymarket at up to $10 billion. If it materializes, it would cement Polymarket’s status among the fastest-growing projects in decentralized finance (DeFi).

Polymarket CEO Shayne Coplan confirmed the news, indicating that the deal could put the prediction platform at a $9 billion valuation.

Markets on everything.We’re proud to announce that , the owner of and the largest exchange company in the world, is making a strategic investment of $2 billion into Polymarket, valuing us at $9 billion post-money.Our partnership with ICE marks a major step in…

— Shayne Coplan 🦅 (@shayne_coplan) October 7, 2025

If completed, the deal could also aid Polymarket’s ambitions as it re-establishes a presence in the US following the CFTC approval.

Despite regulatory troubles in the US, the platform has continued to thrive offshore, attracting a mix of retail traders and high-net-worth users seeking exposure to political, financial, and cultural event outcomes.

Meanwhile, the prospective ICE-Polymarket deal comes only months after reports indicated Peter Thiel’s Founders Fund led a $200 million investment, valuing the company around $1 billion.

Notably, ICE’s potential deal would multiply this figure several times over. The investment is expected to be finalized as soon as Tuesday, October 7. It marks a bold move by ICE, which boasts a market capitalization above $91 billion.