The Intercontinental Exchange Group (ICE) has strategic cooperation with the Encryption Exchange OKX. The company disclosed that this cooperation included a small number of equity investments, seating arrangements on boards and a joint push plan around stock monetization and regulated futures access. The value of the transaction for OKX, by reported calibre, was approximately $25 billion.

Plan to access NYU stock monetization products

Under the bilateral arrangement, one of the priorities for cooperation is to facilitate the registration of United States brokers and futures commissions. If the regulatory approval is completed, OKX's current trading interface will in the future provide more than 120 million registered users with a monetized product for shares listed on the New York Exchange, as well as access to ICE's futures contracts.

This means that traditional financial products may have direct access to large encryption platforms. For users who are accustomed to completing transactions on the chain or in an exchange, stock monetization products usually correspond to smaller units holding, settling faster and facilitating the completion of multiple asset transactions within the same platform.

  • OKX Registered Users over 120 million
  • The target time for the product is late 2026.
  • Subject to completion of relevant regulatory approvals and registration of licences

Regulatory clearance remains a prerequisite for landing

However, this cooperation is still at the advanced stage. The article mentions that the relevant products are not officially available until the broker and FCM licences have been approved. That is to say, at this stage, it is closer to a road map, rather than an operation already operational.

The parties are also advancing another element of cooperation. ICE will be authorized to encrypt price data for OKX spot to support its encrypted futures products in the United States under the regulatory framework. It also shows that ICE is continuing to expand its digital asset business layout.

The parties had previously begun to cooperate on products

This is not the first time that the two companies have been associated. In May 2026, KOKX has introduced a durable contract product linked to ICE Brent crude oil and WTI crude oil benchmarks. This is seen as a prelude to further cooperation between the two sides and as a more sustainable investment in equity and joint promotion of the monetization of stock.

In terms of operational direction, this cooperation combines exchange flows, traditional exchange resources and monetized assets. If the subsequent licence plate is successfully placed, the range of assets to be traded on the OKX platform will be further expanded from encrypted assets to United States shares and futures products.