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+# Intercontinental Exchange (ICE)
+
+**Type:** company  
+**Status:** active  
+**Domain:** internet-finance
+
+## Overview
+
+Intercontinental Exchange operates the New York Stock Exchange (NYSE), CBOE holdings, and multiple commodity exchanges. ICE represents traditional financial infrastructure entering the prediction market space.
+
+## Timeline
+
+- **2025-10-XX** — Announced $2B strategic investment in Polymarket at $8B valuation with exclusive rights to distribute Polymarket's real-time probability data
+- **2026-02-XX** — Launched "Polymarket Signals and Sentiment" product distributing Polymarket probability data
+- **2026-03-XX** — Completed $600M direct cash investment in Polymarket
+
+## Strategic Position
+
+ICE's investment positions prediction markets as legitimate financial data infrastructure alongside options pricing and bond yields. The exclusive data distribution rights suggest ICE views probability distributions over events as a new asset class for institutional clients.
+
+## Sources
+
+- Cryip: ICE $600M Polymarket investment (2026-02-01)
+- TRM Labs: Prediction market scale analysis (2026)
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