The parent company of the New York Stock Exchange, ICE, is considering participating in a new round of financing for Polymarket

According to Bloomberg, the Intercontinental Exchange (ICE) stated that it will consider participating in the new round of financing for the prediction market platform Polymarket. ICE is the parent company of the New York Stock Exchange (NYSE) and has previously invested over $1.6 billion in Polymarket.

ICE CEO Jeff Sprecher, in an interview with Bloomberg Television, stated that if the company’s participation could help complete Polymarket's current round of financing, it would remain open to that possibility, adding that its investment endorsement could provide support for the financing.

Analysts believe that ICE's previous large-scale investment in Polymarket is seen as an important attempt by traditional exchanges to lay out new market infrastructure. If it continues to participate in the financing, it may further strengthen the connection between prediction markets and the mainstream financial system.