Intercontinental Exchange (NYSE: ICE) today disclosed the purchase of additional Polymarket ownership, claiming it has fulfilled its obligations to the prediction market as per an investment arrangement made last October.

Fresh Infusion: According to a press release published by ICE, the company has made a $600M direct cash investment in Polymarket and expects to purchase up to $40M of Polymarket securities from certain existing holders.

Investment Complete: ICE says that today’s additional direct investment and expected follow-on purchases fulfills its investment agreement with Polymarket, which was previously disclosed in October 2025 and resulted in ICE making a direct initial investment of $1B into Polymarket.

Reduced Size: ICE originally floated an investment of up to $2B in October, but the total now appears capped around $1.64B, with no apparent explanation for the reduction.