The Intercontinental Exchange 2B investment in Polymarket
Nationally recognized expert available
The Intercontinental Exchange, the parent company of the NYSE, recently announced a strategic investment of up to $2 billion in Polymarket.
This massive institutional buy-in is a watershed moment for the prediction market industry, moving it from the crypto-adjacent fringe directly into the financial mainstream.
Wake Forest University economics professor Koleman Strumpf, a leading political economist and one of the nation’s foremost experts on prediction markets and betting odds, is available to offer his expertise and commentary on this topic. Strumpf has been quoted in major news outlets nationwide, including “The Wall Street Journal,” “CBS News”, “Bloomberg News,” and” Business Insider,” and he has been a guest on “Freakonomics Radio.”
Strumpf can provide essential context on this game-changing deal:
- The Validation of “Crowd Wisdom”: Why an established giant like The Intercontinental Exchange, which runs one of the world’s largest exchanges, is betting billions that Polymarket’s collective probability data is a valuable new asset class for institutional investors.
- The Regulatory Tightrope: How Polymarket’s acquisition of a regulated derivatives exchange (QCX) and ICE’s backing changes the entire regulatory landscape for the prediction market industry in the U.S.
- The Future of Financial Data: How Polymarket’s “event-driven data” will be integrated into The Intercontinental Exchange’s distribution networks and what this means for sentiment indicators and decision-making on Wall Street.
Strumpf is uniquely positioned to interpret the economics of this investment and the new normal for prediction markets.
To connect for a conversation, email strumpks@wfu.edu.
Recent News
WFU to host dedication ceremony for Hopkins Residence Hall
WFU to host dedication ceremony for Hopkins Residence Hall
