ICE Partners with Polymarket to Offer Event Prediction Data to Investors

Intercontinental Exchange will leverage Polymarket’s forecasting accuracy to provide alternative data products for hedge funds and asset managers.

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Summary

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Terms & Concepts
  • Alternative Data: Non-traditional data sources, such as event predictions or social media analytics, used by investors to gain investment insights.
  • Polymarket: A decentralized prediction market platform where users bet on outcomes of real-world events, generating crowd-sourced forecasts.
  • Prediction Market: A market where participants trade contracts tied to the outcome of future events, with prices reflecting collective probabilities.