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