OKX and NYSE owner ICE launch joint venture to bridge crypto and traditional markets

OKX and NYSE owner Intercontinental Exchange formed a joint venture, led by former NY Gov. Andrew Cuomo, to give OKX's 120 million users access to ICE futures and NYSE tokenized equities, pending regulatory approval.

• The venture aims to operate as a U.S.-registered broker-dealer and futures commission merchant.
• OKX's 120 million global users would get access to ICE futures and NYSE tokenized equities markets.
• Former New York Governor Andrew Cuomo, who began working with OKX in 2023, is leading the initiative.
• ICE made a strategic investment in OKX at a $25 billion valuation in March.
• ICE also backs Bakkt and invested $2 billion in prediction market Polymarket.

Coinporta summarises news for fast scanning. Full reporting belongs to the source.