- Intercontinental Exchange, owner of the NYSE, has acquired a minority stake in OKX at a $25 billion valuation.
- The deal includes a strategic collaboration where OKX will distribute ICE’s US futures and NYSE’s tokenized equities to its 120 million customers.
- ICE plans to license OKX‘s spot crypto data to launch new US-regulated futures contracts for institutions.
- The partnership is contingent on, and subject to, regulatory approval, marking a significant bridge between traditional and crypto finance.
The owner of the New New York Stock Exchange has forged a major alliance, as Intercontinental Exchange (ICE) secured a board seat through a minority investment in the cryptocurrency exchange OKX according to reports from their official site. Consequently, this strategic pivot values OKX at a staggering $25 billion and directly targets its 120 million global user accounts.
The partnership’s core involves a broad strategic collaboration pending necessary regulatory clearances. However, the specifics reveal a two-way data and product pipeline designed to merge traditional and digital finance.
OKX will distribute access to ICE’s US futures markets and tokenized NYSE equities internationally. Meanwhile, ICE will license crypto price data from OKX to launch compliant US-regulated futures contracts.
This move provides institutional investors a formal path to digital asset exposure through established channels. The deal’s structure suggests a deliberate choice for a globally focused crypto partner over domestic US exchanges.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
