Intercontinental Exchange Completes $600 Million Cash Investment in Polymarket

BlockBeats news, on March 27, according to The Wall Street Journal, Intercontinental Exchange, Inc. (NYSE: ICE) announced that as part of a previous investment arrangement with Polymarket, ICE has completed a direct cash investment of $600 million in Polymarket, which is part of Polymarket's equity financing. ICE also expects to purchase up to $40 million of Polymarket equity from some existing shareholders.
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