NYSE Owner ICE Invests In OKX At $25B To Expand Tokenized Stock Trading
NYSE owner ICE invested in crypto exchange OKX at a $25B valuation to integrate tokenized stocks and derivatives for OKX users by 2026.Summary
Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), has invested an undisclosed amount in the crypto exchange OKX, valuing it at $25 billion, and will secure a board seat. This strategic investment is part of ICE's broader push into blockchain technology and tokenized assets. The partnership will see OKX provide ICE with a live price feed of its listed crypto assets, while OKX will grant its 120 million users access to ICE’s US futures and NYSE tokenized equities markets. This integration is anticipated to launch in the second half of 2026. OKX's global managing partner, Haider Rafique, noted a strong strategic alignment between the two companies regarding the future of tokenized securities and the merging of traditional finance (TradFi) with digital assets. This move follows ICE's previous ventures into the crypto space, including developing its own blockchain infrastructure for tokenized securities and a significant investment in the prediction market platform Polymarket.
(Source：Cointelegraph)