Polymarket Adds Bitcoin Deposits as NYSE Parent ICE Eyes $2 Billion Investment

Share This Post

Bitcoin Magazine

Polymarket Adds Bitcoin Deposits as NYSE Parent ICE Eyes $2 Billion Investment

Polymarket, the crypto-native prediction market, has added support for bitcoin deposits, giving users a direct way to fund their accounts with BTC alongside other existing crypto options.

The move coincides with bitcoin’s recent rally to all-time highs above $126,000, currently trading around $124,300, and reflects growing demand for crypto-native funding options on prediction platforms.

Polymarket has taken the world by storm over the past two years, emerging as the largest prediction market where users trade shares tied to the outcomes of real-world events — essentially betting on what the future holds.

On Polymarket, traders are bullish about the bitcoin price. About 83% of participants now predict bitcoin will hit $130,000 this year, while 52% and 35% are betting on $140,000 and $150,000, respectively. Total long-term betting volume has exceeded $30.6 million.

Polymarket also accepts other crypto and stablecoins like USDC, USDT, Ethereum, Polygon, and Solana.

NYSE parent eyes major investment

Adding a layer of institutional intrigue, the Intercontinental Exchange (ICE), owner of the New York Stock Exchange, is reportedly considering a $2 billion investment in Polymarket. If completed, the deal could value the platform between $8 billion and $10 billion, according to The Wall Street Journal.

Shayne Coplan, the 27-year-old founder of Polymarket, has become the youngest self-made billionaire after this investment, per Bloomberg. Just a few years ago, Coplan was a NYU dropout building Polymarket from his bathroom after becoming fascinated by the potential of prediction markets. 

Polymarket has already attracted notable investors, including 1789 Capital, backed by Donald Trump Jr., and acquired derivatives exchange QCEX for $112 million, gaining a U.S. CFTC license in the process.

Polymarket’s expansion comes after navigating significant regulatory hurdles. In 2022, the CFTC fined the platform $1.4 million for unregistered activities, and the Department of Justice conducted an investigation that was closed in 2025.

Founded in 2020, Polymarket gained traction during the 2024 U.S. presidential elections and has since integrated Chainlink oracles for price-focused contracts, launched earnings markets with U.S. clearance, and competes with regulated rivals like Kalshi.

This post Polymarket Adds Bitcoin Deposits as NYSE Parent ICE Eyes $2 Billion Investment first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Feds Returning Seized Crypto to Victims After Crackdown Sparks New Shift

Federal authorities recovered more than $17 million in stablecoins linked to a crypto scam, marking a pivotal move that clears the way for victims to recoup losses and underscores how traceable

Ethereum Shows Strength: Indicators Suggest Bigger Moves Ahead

Ethereum is gaining momentum, and several technical signals suggest that a significant move could be on the way With key support levels holding and bullish patterns forming, the market may be setting

Bitcoin Boost: Fidelity CEO Confirms Personal Holdings, Hails BTC As ‘Gold Standard’

According to remarks made at the Founders Summit, Fidelity’s chief executive Abigail Johnson offered a rare look at how the firm moved from curiosity to a full crypto business and why she keeps a

Terra’s Fallen Empire Flickers: LUNC and LUNA Rally Into Upgrade Week

While Terraform Labs founder Do Kwon is slated for sentencing later this week and the Terra Classic v218 upgrade heads down the runway, both luna classic (LUNC) and luna (LUNA) have been enjoying a

Corporate Bitcoin portfolios are hiding a massive liability crisis that triggered an average 27% crash last month

Corporate Bitcoin holdings have been treated as a straightforward signal for years: a company buys BTC, investors read it as conviction, and the stock trades with a built-in Bitcoin premium While

Coinbase Opens 24/7 Trading for All Altcoin Monthly Futures, Perpetuals Next

Coinbase has activated 24/7 trading for all altcoin monthly futures, with perpetual-style contracts arriving soon, expanding derivative access that could boost liquidity and price discovery across a