Overview

• Intercontinental Exchange said it will invest up to $2 billion in cash, a deal that Polymarket says sets its post‑money valuation at $9 billion after an $8 billion pre‑deal figure.
• ICE will act as global distributor of Polymarket’s event‑probability data to financial institutions and the partners plan to explore asset tokenization.
• Polymarket paved the way for a U.S. relaunch by acquiring CFTC‑licensed QCEX for $112 million and securing a Sept. 3 CFTC staff no‑action letter.
• Processing for new U.S. markets still depends on agency workflows, with some reports noting delays tied to the government shutdown at the CFTC.
• The announcement lifted ICE shares roughly 4% in pre‑market trading, and Polymarket also disclosed $205 million in prior rounds from backers including Founders Fund and 1789 Capital.