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