ICE and OKX Launch Joint Venture to Tokenize Wall Street Assets
The New York Stock Exchange's owner, Intercontinental Exchange (ICE), is establishing a 50-50 joint venture with the cryptocurrency platform OKX to create tokenized versions of traditional financial assets. This initiative, which will be co-chaired by former New York Governor Andrew Cuomo, seeks to provide OKX's 120 million users with access to NYSE equities and ICE futures through these tokenized assets. By merging traditional finance with the cryptocurrency sector, this venture could broaden market access for a worldwide retail audience.
Key facts
- ICE and OKX are forming a 50-50 joint venture
- Former New York Gov. Andrew Cuomo will co-chair the venture
- OKX has 120 million users
- The venture aims to tokenize NYSE equities and ICE futures
- Tokenization will allow crypto users to trade traditional assets
Entities
Institutions
- Intercontinental Exchange (ICE)
- New York Stock Exchange (NYSE)
- OKX
- New York Stock Exchange
- OKXICE
- Bakkt
- Polymarket
- ICE Clear Credit
- ICE Clear Europe
Locations
- United States
- UAE
- European Economic Area
- Singapore
- Australia
Sources
- NFT Plazas —
- Quartz —