Polymarket Now Has Huge Backer Ahead of U.S. Relaunch

• Polymarket announced a strategic investment ahead of its U.S. relaunch
• Intercontinental Exchange will invest up to $2 billion in Polymarket
• This reflects a valuation of approximately $8 billion pre-investment

Polymarket announced a massive backer ahead of its U.S. relaunch.

Intercontinental Exchange, owner of the New York Stock Exchange, today announced a “strategic investment” of up to $2 billion in Poylmarket, which reflects a valuation of $8 billion pre-investment.

The partnership comes as Polymarket is preparing to relaunch in the U.S. after not offering its services to American customers since 2022 and also several days after the company self-certified several sports event contracts with the Commodity Futures Trading Commission (CFTC).

Major Step For Prediction Markets

In addition to its investment, Intercontinental Exchange (ICE) will become a global distributor of Polymarket’s event-driven data, providing users with sentiment indicators on topics of market relevancy.

Polymarket and ICE will also potentially partner on future tokenization initiatives.

“Our investment blends ICE, the owner of the New York Stock Exchange, which was founded in 1792, with a forward-thinking, revolutionary company pioneering change within the Decentralized Finance space,” said Jeffrey C. Sprecher, ICE Chair and Chief Executive Officer. “Shayne Coplan has assembled a team at Polymarket to create a user-driven company relentlessly focused on product, building usage and distribution. There are opportunities across markets which ICE together with Polymarket can uniquely serve and we are excited about where this investment can take us.”

The investment consideration will be in cash and is not expected to have a material impact on ICE’s 2025 financial results or expected capital return plans. ICE will further discuss its strategic investment in Polymarket on its third quarter earnings call scheduled for Oct. 30, 2025.

“Our partnership with ICE marks a major step in bringing prediction markets into the financial mainstream,” said Shayne Coplan, Founder and CEO of Polymarket. “Together, we’re expanding how individuals and institutions use probabilities to understand and price the future. Jeff and his team have redefined how modern markets operate, establishing ICE as the gold standard for trusted financial infrastructure. By combining ICE’s institutional scale and credibility with Polymarket’s consumer savvy, we will be able to deliver world-class products for the modern investor. Realizing the potential of new technologies, such as tokenization, will require collaboration between established market leaders and next-generation innovators. We couldn’t be more excited to build together.”

When Will Polymarket Be Available in U.S.?

Polymarket is currently waiting to return to the U.S. market after being unavailable for the past several years. The CFTC fined the predictions market company $1.4 million for operating an illegal, unregistered or non-designated facility for event-based binary options online trading contracts, or “event markets,” in 2022.

In addition to the fine, the CFTC issued a cease-and-desist to Polymarket for violating the Commodity Exchange Act and CFTC regulations.

The CFTC declared Polymarket had been operating an illegal, unregistered facility offering event market contracts since 2020.

However, Polymarket acquired the CFTC-licensed derivatives-exchange QCX and QC Clearing LLC in July, paving a way back into the states for the prediction market company. The CFTC issued a no-action position on QCX and QC Clearing LLC in early September, which effectively allows Polymarket to once again offer prediction market contracts in the U.S.

At the present, however, the U.S. government is currently in a shut down, which has likely delayed Polymarket’s U.S. relaunch. In its sports event and election prediction market self-certifications with the CFTC, Polymarket noted that the contracts would be listed no earlier than Oct. 2.