Prediction Markets: Three Stocks for Considered Investment

Intercontinental Exchange (ICE +1.48%), parent company of the New York Stock Exchange, recently committed $2 billion to Polymarket. The headlines focused predictably on the elevation of Polymarket’s founder to the ranks of the young and wealthy. A curious spectacle, certainly. More significant, however, is the signal this sends: ICE acknowledges prediction market data as a legitimate asset class. It is a declaration, in effect, that the collective intelligence of these markets holds predictive power worthy of institutional capital.





