The Intercontinental Exchange (NYSE: ICE) and OKX today announced the formal establishment of a joint venture to jointly create next-generation infrastructure aimed at tokenized and digitally native financial products.

The Intercontinental Exchange is one of the world's leading financial market technology and data service providers, with operations driving the global capital markets; OKX is one of the world's largest blockchain technology companies, serving over 120 million users globally.

Following the necessary regulatory approvals, the joint venture is expected to operate as a U.S. registered broker-dealer and futures commission merchant (FCM), allowing OKX users in the U.S. and abroad to access the futures markets operated by ICE and the tokenized stock market of the New York Stock Exchange (NYSE). This equal joint venture, in which both parties hold 50% equity, will also actively explore blockchain-enabled, regulation-compliant adjacent market opportunities.

The joint venture will be co-chaired by ICE and former Governor of New York Andrew M. Cuomo. Cuomo previously served as the 56th Governor of New York, Attorney General of New York, and Secretary of the U.S. Department of Housing and Urban Development, and began working with OKX in 2023.

"The next chapter of financial markets will depend on whether innovation and government regulation can advance in harmony," Cuomo stated, "This collaboration brings together OKX's world-class blockchain technology and ICE's trusted market infrastructure, helping to build a more modern, transparent, and resilient future financial system. I am particularly looking forward to the social impact that blockchain technology can bring—promoting financial democratization and ensuring basic financial services reach those who have not been adequately covered."

"The joint venture between ICE and OKX is a step towards building the infrastructure that the global market will rely on for the next few decades," said Trabue Bland, Senior Vice President of ICE Futures Exchange. "ICE's global benchmark products and regulated market technology have earned the trust of institutions and traders worldwide. Now, through our partnership with OKX, we are working to extend this reach to OKX’s 120 million retail trading users."

The establishment of this joint venture is the first major action taken after ICE's strategic investment in OKX in March of this year.

About the Intercontinental Exchange (ICE)

The Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company dedicated to designing, building, and operating a digital network that connects people and opportunities. We provide financial technology and data services across major asset classes, helping clients obtain essential workflows that enhance market transparency and operational efficiency. ICE operates futures, stock, and options exchanges (including the New York Stock Exchange) and clearinghouses to serve investment, financing, and risk management needs. We operate the world’s leading markets for energy and environmental product trading and clearing. Our fixed income, data service, and execution businesses provide information, analytical tools, and platforms that help clients optimize processes and seize opportunities. In the ICE mortgage technology sector, we are reshaping the full process of housing finance in the U.S.—from initial consumer outreach to loan production, closing, registration, and long-term servicing relationships. ICE is committed to transforming, streamlining, and automating industries, connecting customers with opportunities.

About OKX

OKX is a fintech company known for its global cryptocurrency trading platform and on-chain wallet and trading market. The company continuously develops technologies and applications to modernize currencies and markets. As one of the fastest and most reliable cryptocurrency and payment applications globally, OKX has processed trillions of dollars in transactions for over 120 million users worldwide.

OKX's Americas headquarters is located in San Jose, California, while its Middle East headquarters is in Dubai, with regional offices in São Paulo, New York, Hong Kong, Singapore, the Republic of Turkey, Australia, and Europe. Over the past few years, OKX has become one of the most compliant and licensed cryptocurrency companies globally, holding relevant licenses in the U.S., the UAE, the European Economic Area (EEA), Singapore, Australia, and other markets.

OKX remains committed to transparency and security, regularly publishing a Proof of Reserves report each month.