Intercontinental Exchange near deal for $2B stake in Polymarket - report

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* Intercontinental Exchange (NYSE:ICE [https://seekingalpha.com/symbol/ICE]), the owner of the New York Stock Exchange, is reportedly in talks to invest $2 billion in Polymarket, a crypto-based prediction market, in a deal that could value the company at up to $10 billion, the _Wall Street Journal_ reported, citing people familiar with the matter.
* Sources said the deal could be announced as soon as Tuesday, with a potential valuation ranging between $8 billion and $10 billion, though the details are still subject to change.
* The investment from Intercontinental Exchange could help the popular prediction market re-enter the U.S., the report added.
* ICE shares are up over 3% premarket.

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