07:46 AM EDT, 10/07/2025 (MT Newswires) -- Intercontinental Exchange ( ICE ) said Tuesday it has signed a deal to invest up to $2 billion in Polymarket, reflecting a roughly $8 billion pre-investment valuation.

Under the terms, Intercontinental will also become an international distributor of Polymarket's event-driven data, the New York Stock Exchange parent said.

ICE said the parties have also agreed to collaborate on future tokenization initiatives, adding that the investment is not expected to have a material impact on the company's 2025 results or anticipated capital return plans.

The investment will be made in cash, ICE said.

Shares of Intercontinental Exchange ( ICE ) were up over 3% in recent Tuesday premarket activity.

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