Original Article Title: " $2 Billion Funding, 1.3 Million Traders, Polymarket Makes History "

Original Article Author: 1912212.eth, Foresight News

Recently, a massive funding round caused a sensation in the entire Crypto community, as Polymarket confirmed that Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, will make a $2 billion strategic investment in the platform, with a post-investment valuation of $9 billion. This is one of the highest funding amounts a project in the crypto space has received in recent years, and its nearly $10 billion valuation has put the spotlight on the potential and excitement of prediction markets.

Intercontinental Exchange ICE: The World's Fourth-Largest Exchange Group

Intercontinental Exchange (ICE) is a global leading financial infrastructure and data service provider, serving as the parent company of the New York Stock Exchange (NYSE). ICE was founded by Jeffrey C. Sprecher in Atlanta, United States, in May 2000, initially focusing on electronic energy derivatives trading. In 2007, ICE acquired the New York Board of Trade (NYBOT), expanding into agricultural and metal futures.

In 2013, ICE acquired NYSE Euronext for $8.2 billion, gaining ownership of the New York Stock Exchange and expanding its business into stock and options trading, becoming the first exchange group in the world to simultaneously control commodity and stock trading.

ICE has a widespread global business presence, operating 14 exchanges worldwide, including ICE Futures Europe (London), ICE Futures U.S. (New York), ICE Futures Singapore (Singapore), covering energy, agricultural, metal, and other commodity markets. It is also involved in diversified trading through the NYSE and Liffe exchanges, offering clearing, data services, and mortgage loans, among other services.

As of now, ICE has a market capitalization exceeding $500 billion, making it the world's fourth-largest exchange group.

Polymarket Returning to the U.S.

According to Decrypt, the prediction market Polymarket is set to reopen to U.S. users, after being effectively banned by the U.S. Commodity Futures Trading Commission (CFTC) nearly four years ago.

Polymarket, which previously acquired the CFTC-licensed trading platform QCX LLC for $112 million, has begun self-certifying event contracts, including sports and election markets.

The crypto market has become an integral part of the global financial system. ICE, a leading global financial infrastructure provider, invested in Polymarket, marking ICE's significant step into the crypto prediction market.

ICE can leverage its experience and resources from traditional financial markets to drive deep integration between the prediction market and crypto technology, exploring new business opportunities and revenue streams.

Over a Million Traders with Total Trading Volume Exceeding $18.9 Billion

Since its impressive performance during last year's U.S. presidential election, Polymarket has experienced a substantial surge in both funding and user base. Although the hype has subsided somewhat, its trading volume has remained at a respectable level.

Recent data from tokentermina shows that its total trading volume has reached $18.9 billion, significantly surpassing its competitor Kalshi.

Its TVL has risen to $169.2 million, with the trading volume in the past 30 days reaching $1.5 billion, representing a 42.2% increase.

The monthly active user count has also seen a significant increase. The current number of active users has reached 263,800, with a monthly growth rate of 26.8%.

According to the latest data from Polymarketanalytics, the total number of traders is 1,349,740, with 46,995 prediction markets. While Polymarket leads significantly in total trading volume, it lags behind Kalshi in total markets and total open interest.

Rumors of Token Issuance

As early as the 2024 U.S. presidential election, in order to attract further funding, Polymarket hinted on its official website that there might be a future airdrop of tokens to users.

According to the SEC EDGAR database, Polymarket's operating entity, Blockratize Inc., filed a Form D document on August 1, 2025, mentioning other subscription rights or other rights provisions. Such statements are often seen as signals of future token issuance.

Due to the unclear legal status of tokens in the United States, companies are often unable to directly reference their token issuance plans in SEC filings. Therefore, they may use terms such as "warrants" to reserve the right for investors to receive tokens in the future. This has become a common practice in the cryptocurrency industry when conducting traditional equity fundraising.

On October 8, Polymarket founder Shayne Coplan, in a retweet, positioned POLY's token symbol after BTC, ETH, BNB, and SOL, implying that Polymarket's token may be named POLY. However, the exact issuance date is still unknown.

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