BroadChain has learned that on March 27, Intercontinental Exchange (ICE) announced the completion of a $600 million cash investment in Polymarket as part of the platform's equity financing round. ICE also indicated it expects to purchase up to $40 million worth of Polymarket securities from existing holders.
This follows an initial $1 billion investment ICE made in Polymarket back in October 2025. With this latest capital infusion and the planned secondary purchase, ICE has now fulfilled all commitments under its investment agreement with Polymarket.
ICE noted that the investment is not expected to materially impact its financial performance or capital return program. Specific terms, including the valuation, are anticipated to be disclosed upon the closing of Polymarket's financing round.