NYSE Parent Company ICE Invests in Crypto Exchange OKX at $25 Billion Valuation

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has made a strategic investment in the crypto exchange OKX, establishing a $25 billion valuation for the platform. This partnership aims to bridge traditional finance with blockchain infrastructure. As part of the deal, ICE will receive a seat on OKX's board and will license spot cryptocurrency price data from OKX to develop U.S.-regulated crypto futures products for institutional investors.

Conversely, OKX plans to offer its global user base access to tokenized equities and derivatives tied to ICE's markets, pending regulatory approval. ICE CEO Jeffrey C. Sprecher noted that this collaboration aligns with the company's long-term goal of building blockchain infrastructure for trading and settlement, viewing it as a significant step in financial market integration.

This move reflects a broader trend where established financial operators partner with crypto firms, particularly concerning tokenized securities, which promise faster settlement and lower operational costs.

(Source：Bitcoin Magazine)