ICE and OKX Are Teaming Up to Bring Tokenized Securities to Wall Street
Summary
Intercontinental Exchange (NYSE’s parent) and OKX are creating a joint venture, pending regulatory approval, to develop tokenization and digital asset products. The venture would give OKX users access to tokenized NYSE-listed equities and ICE futures products, with OKX saying the focus will be tokenized NYSE stocks. ICE says the goal is to expand its offerings to OKX’s 120 million retail traders. The venture will be co-chaired by ICE and Andrew Cuomo, who has worked with OKX since 2023. No detailed product roadmap was disclosed. The move follows ICE’s earlier minority investment in OKX at a $25 billion valuation and comes after the firms already launched crypto-native oil perpetual futures for non-U.S. users.
