Polymarket Adds Bitcoin Deposits as NYSE Parent ICE Eyes $2 Billion Investment
Bitcoin Magazine
Polymarket Adds Bitcoin Deposits as NYSE Parent ICE Eyes $2 Billion Investment
Polymarket, the crypto-native prediction market, has added support for bitcoin deposits, giving users a direct way to fund their accounts with BTC alongside other existing crypto options.
The move coincides with bitcoin’s recent rally to all-time highs above $126,000, currently trading around $124,300, and reflects growing demand for crypto-native funding options on prediction platforms.
Polymarket has taken the world by storm over the past two years, emerging as the largest prediction market where users trade shares tied to the outcomes of real-world events — essentially betting on what the future holds.
NEW: The world’s largest prediction market, PolyMarket, now officially supports #Bitcoin deposits
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— Bitcoin Magazine (@BitcoinMagazine) October 8, 2025
On Polymarket, traders are bullish about the bitcoin price. About 83% of participants now predict bitcoin will hit $130,000 this year, while 52% and 35% are betting on $140,000 and $150,000, respectively. Total long-term betting volume has exceeded $30.6 million.
Polymarket also accepts other crypto and stablecoins like USDC, USDT, Ethereum, Polygon, and Solana.
NYSE parent eyes major investment
Adding a layer of institutional intrigue, the Intercontinental Exchange (ICE), owner of the New York Stock Exchange, is reportedly considering a $2 billion investment in Polymarket. If completed, the deal could value the platform between $8 billion and $10 billion, according to The Wall Street Journal.
Shayne Coplan, the 27-year-old founder of Polymarket, has become the youngest self-made billionaire after this investment, per Bloomberg. Just a few years ago, Coplan was a NYU dropout building Polymarket from his bathroom after becoming fascinated by the potential of prediction markets.
Polymarket has already attracted notable investors, including 1789 Capital, backed by Donald Trump Jr., and acquired derivatives exchange QCEX for $112 million, gaining a U.S. CFTC license in the process.
Polymarket’s expansion comes after navigating significant regulatory hurdles. In 2022, the CFTC fined the platform $1.4 million for unregistered activities, and the Department of Justice conducted an investigation that was closed in 2025.
Founded in 2020, Polymarket gained traction during the 2024 U.S. presidential elections and has since integrated Chainlink oracles for price-focused contracts, launched earnings markets with U.S. clearance, and competes with regulated rivals like Kalshi.
This post Polymarket Adds Bitcoin Deposits as NYSE Parent ICE Eyes $2 Billion Investment first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
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