Cointelegraph·4h ago·positive

Andrew Cuomo to co-lead OKX and NYSE owner ICE in new crypto venture

Former New York Governor Andrew Cuomo will co-chair a joint venture between OKX and ICE (NYSE parent) to build tokenized finance infrastructure, pending regulatory approval.

OKX and Intercontinental Exchange (ICE) announced a joint venture co-chaired by former NY Governor Andrew Cuomo
The venture will focus on tokenized financial products and give OKX users access to ICE futures and NYSE tokenized equities
The project is subject to regulatory approvals and builds on ICE's earlier undisclosed investment in OKX at a $25B valuation
Cuomo has worked with OKX since 2023 and previously campaigned to make NYC the 'global capital for cryptocurrency'

regulationexchangeImpact 7/10

Why our editor rated this positive

A major traditional finance player (ICE/NYSE) partnering with a top crypto exchange signals growing institutional adoption and regulatory engagement, which is positive for the industry.

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