ICE and OKX announce joint venture for tokenized finance

ICE and OKX formed a joint venture to build regulated infrastructure for tokenized assets, connecting traditional and digital markets and expanding access to ICE futures and NYSE tokenized equities.

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, and crypto exchange OKX have established a 50-50 joint venture to develop infrastructure for tokenized and digitally native financial products. The new entity, pending regulatory approval, will operate as a U.S.-registered broker-dealer and futures commission merchant, aiming to provide OKX’s 120 million users with secure access to ICE futures and NYSE tokenized equities. Co-chaired by Andrew Cuomo and ICE’s Trabue Bland, the venture will initially focus on licensing and developing oil futures products, leveraging ICE’s expertise in commodities and derivatives. The broader objective is to bridge traditional exchange infrastructure with crypto-native trading, settlement, and distribution systems. This collaboration follows ICE’s March investment in OKX, which included a board seat and plans for U.S.-regulated crypto futures and tokenized equities. The partnership marks a significant step in connecting traditional finance with blockchain-based markets and expanding regulated market access globally.