The post Polymarket Unveils Hidden Funding as ICE Deal Pushes Valuation to $9 Billion appeared on BitcoinEthereumNews.com. Fintech Polymarket’s explosive growth is proving to be one of crypto’s most remarkable success stories. Long before its multi-billion-dollar partnership with the New York Stock Exchange’s parent company, Intercontinental Exchange (ICE), the prediction-market platform had already secured a quiet fortune in funding. CEO Shayne Coplan recently disclosed two previously unknown investment rounds that together brought in $205 million over the past two years. The first, led by Blockchain Capital in 2024, raised $55 million at a $350 million valuation. A year later, Founders Fund spearheaded another $150 million raise that pushed Polymarket’s valuation above $1.2 billion. That second round drew a who’s-who of global investors, from Ribbit Capital and Valor to Point72 Ventures, Coinbase, and Dragonfly, with 1789 Capital and SV Angel also taking part. Including earlier rounds, Polymarket had amassed roughly $279 million before ICE came calling. The newly announced ICE investment – worth up to $2 billion – catapults the firm’s valuation to around $9 billion, instantly placing it among the most valuable players in decentralized finance. The two companies plan to collaborate on event-driven data distribution and explore tokenization projects that connect prediction markets with traditional finance. Founded in 2020, Polymarket lets users speculate on real-world outcomes – from political elections to macroeconomic events – and has become a leading venue for on-chain forecasting. Its volumes have surged alongside Wall Street’s growing interest in event-based trading, an area where ICE now appears eager to establish a foothold. What began as Coplan’s small-scale experiment in market intelligence has turned into a billion-dollar bridge between crypto speculation and institutional infrastructure. With ICE onboard, Polymarket isn’t just surviving regulatory hurdles – it’s redefining what prediction markets can become in the global economy. The information provided in this article is for educational purposes only and does not constitute financial, investment, or… The post Polymarket Unveils Hidden Funding as ICE Deal Pushes Valuation to $9 Billion appeared on BitcoinEthereumNews.com. Fintech Polymarket’s explosive growth is proving to be one of crypto’s most remarkable success stories. Long before its multi-billion-dollar partnership with the New York Stock Exchange’s parent company, Intercontinental Exchange (ICE), the prediction-market platform had already secured a quiet fortune in funding. CEO Shayne Coplan recently disclosed two previously unknown investment rounds that together brought in $205 million over the past two years. The first, led by Blockchain Capital in 2024, raised $55 million at a $350 million valuation. A year later, Founders Fund spearheaded another $150 million raise that pushed Polymarket’s valuation above $1.2 billion. That second round drew a who’s-who of global investors, from Ribbit Capital and Valor to Point72 Ventures, Coinbase, and Dragonfly, with 1789 Capital and SV Angel also taking part. Including earlier rounds, Polymarket had amassed roughly $279 million before ICE came calling. The newly announced ICE investment – worth up to $2 billion – catapults the firm’s valuation to around $9 billion, instantly placing it among the most valuable players in decentralized finance. The two companies plan to collaborate on event-driven data distribution and explore tokenization projects that connect prediction markets with traditional finance. Founded in 2020, Polymarket lets users speculate on real-world outcomes – from political elections to macroeconomic events – and has become a leading venue for on-chain forecasting. Its volumes have surged alongside Wall Street’s growing interest in event-based trading, an area where ICE now appears eager to establish a foothold. What began as Coplan’s small-scale experiment in market intelligence has turned into a billion-dollar bridge between crypto speculation and institutional infrastructure. With ICE onboard, Polymarket isn’t just surviving regulatory hurdles – it’s redefining what prediction markets can become in the global economy. The information provided in this article is for educational purposes only and does not constitute financial, investment, or…

Polymarket Unveils Hidden Funding as ICE Deal Pushes Valuation to $9 Billion

Fintech

Polymarket’s explosive growth is proving to be one of crypto’s most remarkable success stories.

Long before its multi-billion-dollar partnership with the New York Stock Exchange’s parent company, Intercontinental Exchange (ICE), the prediction-market platform had already secured a quiet fortune in funding.

CEO Shayne Coplan recently disclosed two previously unknown investment rounds that together brought in $205 million over the past two years. The first, led by Blockchain Capital in 2024, raised $55 million at a $350 million valuation. A year later, Founders Fund spearheaded another $150 million raise that pushed Polymarket’s valuation above $1.2 billion.

That second round drew a who’s-who of global investors, from Ribbit Capital and Valor to Point72 Ventures, Coinbase, and Dragonfly, with 1789 Capital and SV Angel also taking part. Including earlier rounds, Polymarket had amassed roughly $279 million before ICE came calling.

The newly announced ICE investment – worth up to $2 billion – catapults the firm’s valuation to around $9 billion, instantly placing it among the most valuable players in decentralized finance. The two companies plan to collaborate on event-driven data distribution and explore tokenization projects that connect prediction markets with traditional finance.

Founded in 2020, Polymarket lets users speculate on real-world outcomes – from political elections to macroeconomic events – and has become a leading venue for on-chain forecasting. Its volumes have surged alongside Wall Street’s growing interest in event-based trading, an area where ICE now appears eager to establish a foothold.

What began as Coplan’s small-scale experiment in market intelligence has turned into a billion-dollar bridge between crypto speculation and institutional infrastructure. With ICE onboard, Polymarket isn’t just surviving regulatory hurdles – it’s redefining what prediction markets can become in the global economy.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

Author

Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.



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Source: https://coindoo.com/polymarket-unveils-hidden-funding-as-ice-deal-pushes-valuation-to-9-billion/

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