Retail Traders to Gain Access to ICE Futures and Tokenized NYSE Equities via OKX

Retail Traders To Gain Access To Ice Futures And Tokenized Nyse Equities Via Okx Okx2028Shutterstock29 Id E11C1701 6951 4D9D A59F C1B7Bf50D446 Size900

Intercontinental
Exchange and OKX have formed a joint venture to develop infrastructure for
tokenized and digitally native financial products.

That relationship has
now been formalised into a joint venture following earlier cooperation between
the two firms. In March, ICE
took a minority stake in OKX, valuing it at about $25 billion
.

ICE invested roughly
$200 million and gained a board seat. Under the agreement, ICE uses OKX price
data for U.S.-regulated crypto futures, while OKX is expected to distribute
futures and tokenised equities linked to NYSE stocks to global users.

The partnership will
be co-chaired by ICE and Andrew Cuomo. Cuomo is a former New York governor,
state attorney general, and U.S. secretary of housing and urban development. He
began working with OKX in 2023.

Cuomo said “the next
chapter of financial markets will be defined by how well innovation and
government regulation can move forward together.” He added that the partnership
brings together OKX’s blockchain technology and ICE’s market infrastructure. He
also said he is “personally excited” about the potential of blockchain
technology and its role in financial inclusion.

ICE OKX Expand Tokenized Market Access

Trabue Bland, Senior Vice President, Futures Exchanges at ICE, Source: LinkedIn

The companies said the
venture is subject to regulatory approvals. It is expected to operate as a U.S.
registered broker-dealer and futures commission merchant. It is expected to
give OKX customers access to ICE futures and NYSE tokenized equities markets.

The structure is planned as a 50-50 partnership. The venture will also explore
other blockchain-based markets that meet regulatory requirements.

Trabue Bland, Senior
Vice President, Futures Exchanges at ICE, said “the ICE-OKX joint venture is a
step towards building the infrastructure that will define how global markets
operate in the decades ahead.”

He said ICE’s market infrastructure has the trust
of institutions and traders. He added that the partnership aims to extend
access to OKX’s retail user base.

Intercontinental
Exchange and OKX have formed a joint venture to develop infrastructure for
tokenized and digitally native financial products.

That relationship has
now been formalised into a joint venture following earlier cooperation between
the two firms. In March, ICE
took a minority stake in OKX, valuing it at about $25 billion
.

ICE invested roughly
$200 million and gained a board seat. Under the agreement, ICE uses OKX price
data for U.S.-regulated crypto futures, while OKX is expected to distribute
futures and tokenised equities linked to NYSE stocks to global users.

The partnership will
be co-chaired by ICE and Andrew Cuomo. Cuomo is a former New York governor,
state attorney general, and U.S. secretary of housing and urban development. He
began working with OKX in 2023.

Cuomo said “the next
chapter of financial markets will be defined by how well innovation and
government regulation can move forward together.” He added that the partnership
brings together OKX’s blockchain technology and ICE’s market infrastructure. He
also said he is “personally excited” about the potential of blockchain
technology and its role in financial inclusion.

ICE OKX Expand Tokenized Market Access

Trabue Bland, Senior Vice President, Futures Exchanges at ICE, Source: LinkedIn

The companies said the
venture is subject to regulatory approvals. It is expected to operate as a U.S.
registered broker-dealer and futures commission merchant. It is expected to
give OKX customers access to ICE futures and NYSE tokenized equities markets.

The structure is planned as a 50-50 partnership. The venture will also explore
other blockchain-based markets that meet regulatory requirements.

Trabue Bland, Senior
Vice President, Futures Exchanges at ICE, said “the ICE-OKX joint venture is a
step towards building the infrastructure that will define how global markets
operate in the decades ahead.”

He said ICE’s market infrastructure has the trust
of institutions and traders. He added that the partnership aims to extend
access to OKX’s retail user base.



SOURCE LINK : Retail Traders to Gain Access to ICE Futures and Tokenized NYSE Equities via OKX