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Some of the largest exchanges and financial institutions are embracing betting platforms and crypto. Is it just for the fees?
If legacy financial institutions don't embrace new technology, their competitors may leave them in the dust New York Stock Exchange parent company Intercontinental Exchange announced a $2 billion investment into prediction-markets platform Polymarket. This past week, Intercontinental Exchange Inc. (ICE), the parent company of the New York Stock Exchange, announced a $2 billion investment into prediction-markets platform Polymarket. On the same day, S&P Dow Jones Indices (SPGI), the company behind stock-market indexes like the S&P 500 SPX, announced a partnership with fintech company Dinari to create a ... (full story)
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