Intercontinental Exchange (ICE) has invested an additional $600 million in Polymarket, bringing its total investment to $1.64 billion.

Intercontinental Exchange (ICE) announced the completion of a $600 million cash investment in Polymarket, part of Polymarket's equity financing. ICE also expects to purchase up to $40 million more in Polymarket securities from existing holders. In October 2025, ICE made an initial $1 billion investment in Polymarket. With this additional investment and the anticipated securities purchases, ICE has fulfilled all its obligations under its investment arrangement with Polymarket. ICE stated that the investment in Polymarket is not expected to have a material impact on its financial performance or capital return plans. Specific terms, such as the valuation of the investment, are expected to be disclosed after the Polymarket financing is completed.