ICE CEO says exchange not necessarily considering perpetual futures

M&A · Partnership
โดย Seeking Alpha·US·Read original
Summary · why it matters

Intercontinental Exchange CEO Jeff Sprecher told Bloomberg Television that the exchange isn't necessarily considering offering perpetual futures, saying the product is really speculative and doesn't cater to its hedging client base. Sprecher also said ICE is looking at Polymarket's new funding round, after earlier reports that the prediction market platform was in early discussions to raise about $1 billion at a valuation of over $20 billion. ICE's up to $2 billion investment in October 2025 had valued Polymarket at about $8 billion, and Sprecher said the exchange would look at the new round if it would help and give its imprimatur. ICE shares were trading 0.26% higher at $157.65 during morning trading on Thursday.

Impact on stocks 5

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Theme Impact 1

Off-coverage companies 1

PolymarketPrivate▲ Positive
Capitalrelevance

Polymarket's new funding round at higher valuation is positive for its valuation and capital.

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