ICE, the parent company of the New York Stock Exchange, has announced a $2 billion investment in Polymarket, a leading crypto prediction platform. This investment values Polymarket at approximately $8 billion and represents a significant move towards integrating crypto markets with traditional Wall Street infrastructure. ICE aims to diversify beyond traditional trading and leverage new market insights through this strategic partnership. Polymarket, known for allowing users to trade on real-world outcomes via smart contracts, will work with ICE to develop event-driven data tracking public sentiment across various sectors, including politics and sports. This investment follows Polymarket's efforts to comply with regulatory standards, such as acquiring a CFTC-licensed derivatives exchange and obtaining a no-action letter from regulators. The deal highlights the growing convergence between traditional finance and decentralized finance as prediction markets continue to attract major investors.