The parent company of the New York Stock Exchange, Intercontinental Exchange, has made a strategic investment in cryptocurrency exchange OKX. The deal is made at an estimated valuation of $25 billion.
It marks another major step in the growing collaboration between traditional financial institutions and the digital asset industry.
The amount invested by ICE has not been disclosed; however, the company has confirmed that it will take a seat on OKX’s board as part of the agreement. The alliance is designed to accelerate the development of blockchain-based trading infrastructure and tokenized financial assets, particularly tokenized stocks.
Following the collaboration, OKX will provide ICE with real-time price feeds for cryptocurrencies listed on its exchange. Simultaneously, OKX’s global user base of about 120 million accounts will gain access to ICE’s US futures markets and the NYSE’s developing tokenized equities ecosystem. The integration is expected to take effect in the second half of 2026.
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