Polymarket investment: ICE nears $2B stake, $10B valuation


Polymarket investment: ICE nears B stake, B valuation


Polymarket investment developments were highlighted on 07 October 2025, as regulators and market participants reacted to a string of industry movements.

ICE investment and US relaunch prospects

According to reporting, Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, is nearing a stake close to $2 billion, which could support a Polymarket US relaunch, although timelines remain unconfirmed.

Consequently, the move would mark a significant intersection between traditional exchange operators and crypto-native platforms. For reporting, see Wall Street Journal.

Polymarket and the CFTC settlement

In November 2022 Polymarket reached a settlement with the Commodity Futures Trading Commission (CFTC), which resulted in restrictions for U.S. users.

Since then, the company has pursued licensing and compliance upgrades to address regulatory concerns; consequently, those steps underpin any future relaunch plans.

Valuation and market metrics

Reports have circulated about a Polymarket valuation ten billion, though this figure is unverified. Meanwhile, DeFi and on-chain metrics remain relevant for gauging traction across blockchain-based markets; for data, see our dataset summary at cryptonomist.ch.

Polymarket’s strategic acquisition

Earlier in 2025 Polymarket reportedly began steps toward a polymarket licensed exchange acquisition and a clearinghouse deal.

Such moves would, if completed and approved by regulators, strengthen operational and compliance capabilities and better align the platform with regulated market structures.

Competition: Kalshi and market dynamics

Kalshi, a notable kalshi rival prediction platform, raised $185 million in a recent round and achieved a valuation near $2 billion. Therefore, ICE’s interest in Polymarket may reshape competition among regulated and crypto-native prediction venues.

,
,

  • Reported stake: near $2 billion — reported Oct. 7, 2025
    ,
  • Potential valuation: reported up to $10 billion (unverified)
    ,
  • Regulatory milestone: Polymarket CFTC settlement — Nov. 2022

Ultimately, ICE’s potential investment highlights the growing intersection between traditional exchange operators and crypto-native platforms. That said, stakeholders should watch for official filings and confirmations before treating valuation or timeline claims as definitive.

For ongoing coverage, visit our analysis hub: Polymarket relaunch analysis.



Source link