OKX and the New York Stock Exchange parent company Intercontinental Exchange (ICE) are promoting a joint venture project aimed at establishing a trading infrastructure between traditional finance and encryption markets. According to information published by both parties, the project, if approved under supervision, would operate as a United States-registered voucher and futures commissioner.

Proposed to provide two types of market entry

At the heart of this arrangement is access to the ICE futures market for the global users of OKX, as well as to the monetized stock market at New York House. The parties also indicated that the project would continue to explore other market opportunities for block chains that met regulatory requirements.

As disclosed, the joint venture project plans to provide United States and overseas users with access to compliance transactions. OKX currently claims that its global user base is about 120 million, which means that its current user base may in future have more access to traditional financial products.

  • To operate as a United States-registered voucher
  • To qualify for futures commission
  • Cover futures and token stock products

ICE continues digital asset expansion

This collaboration continues the expansion of ICE ' s digital assets in recent years. As early as March this year, ICE and OKX announced a partnership to launch monetized stocks and encrypted futures products.

During the same period, ICE also disclosed a strategic investment in OKX, which was valued at $25 billion. In addition to OKX, ICE is a long-term supporter of Digital Asset Bakkt and has recently invested $2 billion in Polymarket.

Andrew Cuomo leads the push.

This joint venture was led by Andrew Cuomo, former Governor of New York, United States. Public information indicates that he has worked with OKX since 2023 and has served as Attorney General of the State of New York and Minister of Housing and Urban Development of the United States.

ICE senior management Trabou Bland stated that this cooperation was aimed at building the infrastructure needed for the future global market. Cuomo, for its part, said that the next stage of financial market development would depend on technological innovation and the ability of regulatory systems to advance in tandem.