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ICE and OPEN Introduce New Benchmark for Tracking 20 U.S. Venture-Backed Unicorns

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, and OPEN, a pioneer in private market indexing, today announced the launch of the NYSE® OPEN VC Unicorn

Business Wire

NYSE® OPEN VC Unicorn® 20 Index provides focused exposure to 20 large U.S.-based Unicorns

Built using a liquidity-screened, valuation-weighted methodology for pre-IPO companies

ATLANTA & NEW YORK: Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, and OPEN, a pioneer in private market indexing, today announced the launch of the NYSE® OPEN VC Unicorn® 20 Index (NYOV20L), a new benchmark designed to track the performance of 20 of the largest U.S.-based, privately held, venture-backed Unicorn companies.

This new index expands upon the success of the NYSE® OPEN Venture Capital Unicorn® Index (NYSEOVC) by offering a focused, liquidity-screened basket of the highest-valued private companies. The NYSE® OPEN VC Unicorn® 20 Index aims to provide investors with enhanced transparency into the largest and most dynamic companies driving innovation across sectors such as artificial intelligence, technology, fintech and aerospace.

“We are excited to continue providing transparency in private markets with the NYSE® OPEN VC Unicorn® 20 Index,” said David Shapiro, CEO at OPEN. “With this new focused index, investors can track the performance of a more liquid and sought-after basket of pre-IPO companies through a rules-based, valuation-driven approach.”

The index utilizes OPEN’s proprietary pricing and liquidity scoring models to select 20 U.S.-headquartered Unicorns that meet rigorous valuation and liquidity criteria. ICE Data Indices serves as the administrator and calculation agent for the NYSE® OPEN VC Unicorn® 20 Index.

“We’re pleased to work with OPEN as they launch this new index, which offers insights into the growth we’re seeing across venture-backed, pre-IPO companies,” said Preston Peacock, Head of ICE Data Indices. “OPEN’s indices give investors unique insights into private markets and are a great complement to our family of indices, which cover a broad range of asset classes including global equities, fixed income, commodities and thematic investments.”

“Unicorns” are privately held start-up companies with valuations exceeding $1 billion. OPEN and ICE aim to empower investors with better access to information on the next generation of innovation through data-driven, quality indices.

For more information about the NYSE® OPEN VC Unicorn® 20 Index, please visit www.openvc.com. The index methodology is available on the ICE Index Platform at indices.ice.com.

About OPEN

OPEN is bringing the revolution of index investing to late-stage venture capital, enabling better access to the world’s most innovative private Unicorns. Our mission is to offer access to venture capital with low-fee, institutional-grade products. For more information, visit www.openvc.com.

About Intercontinental Exchange

NYOV20L is administered by ICE Data Indices, LLC. Additional, important information regarding the index, including methodology and limitations, is available at indices.ice.com.

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the SEC on February 6, 2025.

Category: Fixed Income and Data Services

SOURCE: Intercontinental Exchange

ICE-CORP

Fonte: Business Wire

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