Intercontinental Exchange, the parent company of the New York Stock Exchange, is considering taking part in Polymarket’s new funding round, according to Bloomberg. The exchange operator said it would stay open to participating if its involvement could help complete the raise. ICE Chief Executive Officer Jeff Sprecher made the comments in an interview with Bloomberg Television. He added that an endorsement from ICE as an investor could help support the financing process. The report also noted that ICE has previously invested more than $1.6 billion in Polymarket. The latest remarks signal that the company is at least willing to consider another commitment as the prediction market platform seeks fresh capital.
Intercontinental Exchange (ICE) is considering participating in a new fundraising round for prediction market platform Polymarket, according to Bloomberg.
ICE, the parent company of the New York Stock Exchange (NYSE), has previously invested more than $1.6 billion in Polymarket.
Speaking in an interview with Bloomberg Television, ICE Chief Executive Officer Jeff Sprecher said the company would remain open to taking part if its involvement could help complete the current round. He also said ICE’s backing as an investor could provide support for the fundraising effort.
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