Intercontinental Exchange and OKX Establish Joint Venture to Bridge Traditional Finance and Digital Asset Markets
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Intercontinental Exchange and OKX Establish Joint Venture to Bridge Traditional Finance and Digital Asset Markets
ICE and OKX have established an equal joint venture targeting the tokenized stock and futures markets, marking the formal integration of traditional financial infrastructure with the crypto ecosystem.
Navigating Web3 tides with focused insightsIntercontinental Exchange (NYSE: ICE) and OKX today announced the formal establishment of a joint venture to build next-generation infrastructure for tokenized and digital-native financial products.
ICE is one of the world’s leading providers of financial market technology and data services, with businesses powering global capital markets. OKX is one of the world’s largest blockchain technology companies, serving more than 120 million users globally.
Subject to relevant regulatory approvals, the joint venture is expected to operate as a U.S.-registered broker-dealer and futures commission merchant (FCM), enabling OKX’s users in the U.S. and abroad to access ICE’s futures markets and the New York Stock Exchange (NYSE) tokenized equities market. This equal 50/50 joint venture will also actively explore adjacent market opportunities enabled by blockchain technology and compliant with regulatory requirements.
The joint venture will be co-chaired by ICE and former New York Governor Andrew M. Cuomo. Cuomo served as the 56th Governor of New York, New York State Attorney General, and U.S. Secretary of Housing and Urban Development, and has collaborated with OKX since 2023.
“The next chapter of financial markets hinges on how well innovation and government regulation can work in tandem,” said Cuomo. “This collaboration brings together OKX’s world-class blockchain technology and ICE’s trusted market infrastructure to help build a more modern, transparent, and resilient financial system for the future. I am especially excited about the societal impact blockchain technology can deliver—advancing financial democratization and extending essential financial services to underserved populations.”
“The ICE–OKX joint venture represents a step toward building the infrastructure upon which global markets will operate for decades to come,” said Trabue Bland, Senior Vice President of ICE Futures Exchange. “ICE’s globally recognized benchmark products and regulated market technology have earned the trust of institutions and traders worldwide. Now, through our partnership with OKX, we aim to extend that reach to OKX’s 120 million retail traders.”
The formation of this joint venture marks the first major initiative following ICE’s strategic investment in OKX in March this year.
About Intercontinental Exchange (ICE)
Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company dedicated to designing, building, and operating digital networks that connect people and opportunity. We provide fintech and data services across major asset classes, helping clients access critical workflow tools that enhance market transparency and operational efficiency. ICE’s futures, equities, and options exchanges—including the New York Stock Exchange—and clearing houses serve investment, financing, and risk management needs. We operate the world’s largest energy and environmental products trading and clearing markets. Our fixed income, data services, and execution businesses deliver information, analytical tools, and platforms that help clients optimize processes and seize opportunities. Within ICE Mortgage Technology, we are transforming the end-to-end U.S. housing finance process—from initial consumer engagement through loan origination, delivery, registration, and long-term servicing relationships. ICE is committed to transforming, streamlining, and automating industries—connecting clients to opportunity.
About OKX
OKX is a fintech company widely known for its global cryptocurrency exchange platform, on-chain wallet, and trading marketplace. The company continuously develops technologies and applications to modernize money and markets. As one of the world’s fastest and most reliable cryptocurrency and payment applications, OKX has processed hundreds of billions of dollars in transactions for over 120 million users globally.
OKX’s Americas headquarters is located in San Jose, California; its Middle East headquarters is in Dubai; and it maintains regional offices in São Paulo, New York, Hong Kong, Singapore, the Republic of Turkey, Australia, and Europe. Over recent years, OKX has built one of the most comprehensive global compliance frameworks among crypto firms and holds licenses in the United States, the United Arab Emirates, the European Economic Area (EEA), Singapore, Australia, and other jurisdictions.
OKX remains steadfast in its commitment to transparency and security, publishing monthly Proof of Reserves reports.
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