ICE CEO: Over half of our clients are interested in prediction markets

Jeffrey Sprecher, CEO of Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), said that more than half of the firm's clients are showing interest in prediction markets like the crypto-based Polymarket, Bloomberg reported. He explained that while these clients have traditionally invested in commodities such as oil, gas, and cocoa, the atmosphere has recently changed significantly. In October, ICE announced a $2 billion investment in Polymarket and a plan to collaborate on future tokenization initiatives.