OKB jumps 50% as NYSE owner Intercontinental Exchange backs OKX at $25B valuation
Crypto Briefing
OKB surged over 50% after Intercontinental Exchange, owner of the NYSE, invested in OKX, valuing the exchange at $25 billion.Summary
OKB, the native token for the crypto exchange OKX, experienced a significant rally, jumping more than 50% to trade around $118 from $78, following the announcement of a strategic investment by Intercontinental Exchange (ICE). ICE, the publicly traded parent company of the New York Stock Exchange (NYSE), made the investment, which values OKX at $25 billion and includes a board seat for the trading giant. The news also caused OKB's 24-hour trading volume to spike by over 1,000%.
(Source：Crypto Briefing)