Key Notes

The NYSE parent company's investment marks one of the largest traditional finance deals in crypto history.

Coplan overcame early financial struggles and regulatory challenges, including a 2022 CFTC fine and US user ban.

Polymarket secured regulatory approval by acquiring a CFTC-licensed exchange for $112 million in September 2024.

Shayne Coplan, the 27-year-old founder and CEO of Polymarket, has ascended to the status of the youngest self-made billionaire following a landmark investment deal with the parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE).

Coplan, who left New York University in his early twenties to develop a crypto venture focused on prediction markets, now leads Polymarket, a company valued at approximately $8 billion based

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