Polymarket Surges with $2B ICE Investment
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Archrival Polymarket raised up to $2 billion from Intercontinental Exchange (ICE), valuing the platform at $8 billion pre-money — a huge jump from $1 billion in August.
Polymarket, previously barred from U.S. residents, acquired a derivatives exchange and clearinghouse last month, paving the way for a U.S. relaunch approved by the CFTC.