TechFlow news, May 22: According to Bloomberg, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is collaborating with cryptocurrency exchange OKX to launch perpetual futures contracts pegged to crude oil. Per the joint statement, ICE’s Brent and West Texas Intermediate (WTI) crude oil futures prices will serve as the pricing benchmark for the new contracts on OKX’s platform. The product will be launched in regions where OKX is already licensed to offer perpetual futures. The report notes that ICE currently holds shares in OKX.
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