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A Mystery Trader Scored With Prescient Bets on the Nobel Peace Prize

1. A new Polymarket account capitalized on bets for Machado's Nobel win. 2. The NYSE's parent company plans to invest up to $2 billion in Polymarket. 3. Concerns arise about possible insider trading in Polymarket's betting activities. 4. Machado's winning odds soared from 5% to 70% before the announcement. 5. Polymarket aims to regain access to the U.S. market with recent investments.

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FAQ

Why Bullish?

The significant investment from the NYSE's parent company suggests strong growth potential for Polymarket and indirectly boosts ICE.

How important is it?

The news reflects a strategic move by ICE that could enhance its market leverage and growth opportunities.

Why Long Term?

As Polymarket expands and regains U.S. access, ICE's position in the market will strengthen over time.

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