Intercontinental Exchange (ICE) and OKX announced the formation of a 50-50 joint venture named OKXICE, aimed at building next-generation infrastructure for tokenized and digital-native financial products. The venture, expected to operate as a US registered broker-dealer and futures commission merchant, will enable OKX users to access ICE futures markets and NYSE tokenized equity markets. The board will be co-chaired by ICE and former New York Governor Andrew M. Cuomo.
Intercontinental Exchange (ICE) and OKX have officially announced the establishment of a joint venture named OKXICE. Each party holds a 50% equity stake, with the aim of jointly building next-generation infrastructure for tokenized and digital-native financial products. Subject to regulatory approvals, the joint venture is expected to operate as a U.S. registered broker-dealer and futures commission merchant, allowing OKX users in the U.S. and overseas to access ICE's futures markets and the New York Stock Exchange's tokenized equity market.
Regarding leadership, ICE and former New York Governor Andrew M. Cuomo will serve as co-chairmen of the joint venture. This marks the first major move following ICE's strategic investment in OKX in March of this year, signaling a substantive advancement in their collaboration in the digital financial infrastructure space.
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