Wall Street Backs Polymarket as Prediction Markets Gain Ground

[tradelikepro]

Prediction markets continue to capture Wall Street’s interest. Polymarket secured a $2 billion investment from Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, valuing the platform at $9 billion. Despite cooling volumes after last year’s peak, Polymarket and competitor Kalshi still saw a combined $4.17 billion in trading volume in September, surpassing their record from November 2024. Analysts see prediction markets as a powerful tool for truth-seeking and real-time consensus.

[EmTeam]

Wall Street’s interest in prediction markets shows they’re starting to see value in decentralized information trading.

[alex10]

Polymarket getting traditional finance backing is huge. It bridges the gap between DeFi speculation and real-world data insights.