NYSE parent ICE invests in crypto exchange OKX at $25 billion valuation amid tokenized stocks push: Fortune
Intercontinental Exchange, NYSE's parent, invested in OKX at a $25B valuation to integrate tokenized stocks onto blockchain.Summary
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has invested in the crypto exchange OKX, valuing it at $25 billion. This move is part of ICE's broader strategy to integrate traditional securities onto blockchain-based trading rails. The deal grants ICE a seat on OKX’s board, although financial terms were undisclosed. The partnership aims to leverage the growing role of tokenized financial assets globally. Specifically, OKX plans to allow users to trade tokenized NYSE stocks and derivatives, with this feature expected to launch in the second half of 2026. Furthermore, OKX will supply ICE with real-time cryptocurrency price feeds. This investment follows ICE's previous move to invest in the prediction market platform Polymarket.
(Source：The Block)