Intercontinental Exchange and OKX have formed a joint venture to develop infrastructure for tokenized and digitally native financial products.
That relationship has now been formalised into a joint venture following earlier cooperation between the two firms. In March, ICE took a minority stake in OKX, valuing it at about $25 billion.
ICE invested roughly $200 million and gained a board seat. Under the agreement, ICE uses OKX price data for U.S.-regulated crypto futures, while OKX is expected to distribute futures and tokenised equities linked to NYSE stocks to global users.
Cuomo to Co-Chair ICE OKX Venture
The partnership will be co-chaired by ICE and Andrew Cuomo. Cuomo is a former New York governor, state attorney general, and U.S. secretary of housing and urban development. He began working with OKX in 2023.
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Cuomo said “the next chapter of financial markets will be defined by how well innovation and government regulation can move forward together.” He added that the partnership brings together OKX’s blockchain technology and ICE’s market infrastructure. He also said he is “personally excited” about the potential of blockchain technology and its role in financial inclusion.
ICE and OKX Launch Joint Venture for Tokenized Markets
— Wu Blockchain (@WuBlockchain) June 22, 2026
Intercontinental Exchange (ICE), parent company of the NYSE, and crypto exchange OKX announced a 50-50 joint venture to develop infrastructure for tokenized and digitally native financial products. Pending regulatory… pic.twitter.com/8EQmaNQtQI
ICE OKX Expand Tokenized Market Access
The companies said the venture is subject to regulatory approvals. It is expected to operate as a U.S. registered broker-dealer and futures commission merchant. It is expected to give OKX customers access to ICE futures and NYSE tokenized equities markets.
The structure is planned as a 50-50 partnership. The venture will also explore other blockchain-based markets that meet regulatory requirements.
Trabue Bland, Senior Vice President, Futures Exchanges at ICE, said “the ICE-OKX joint venture is a step towards building the infrastructure that will define how global markets operate in the decades ahead.”
He said ICE’s market infrastructure has the trust of institutions and traders. He added that the partnership aims to extend access to OKX’s retail user base.
