Intercontinental Exchange (ICE) and crypto exchange OKX are set to launch a joint venture, aimed at delivering infrastructure for tokenised and digitally native products.
Trabue Bland
The joint venture – which is currently subject to certain regulatory approvals – will operate as a US broker dealer and FCM, and will allow OKX’s US and global users to access ICE futures and NYSE tokenised equities markets.
Moreover, the two firms have also confirmed that the equally split 50-50 venture will leverage both OKX’s blockchain technology and ICE’s market infrastructure, and further expansion to other sectors such as regulatory-compliant blockchain-enabled markets is also expected.
“The next chapter of financial markets will be defined by how well innovation and government regulation can move forward together,” said Governor Andrew M. Cuomo, co-chair of the joint venture.
“I am personally excited by the prospect of the societal impact that blockchain technology can lead to: the democratisation of finance, bringing basic financial services to underserved populations.”
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The announcement marks the most recent development for the two firms’ ongoing strategic partnership, following news in March 2026 that ICE had made a $25 billion investment into OKX.
Through the deal, the two firms will continually evaluate joint initiatives across market structure design, clearing and risk management, data and institutional access to digital assets.
As part of the investment, ICE also licenses OKX spot crypto prices and will launch US regulated futures.
Trabue Bland, senior vice president, futures exchanges at ICE, added: “The ICE-OKX joint venture is a step towards building the infrastructure that will define how global markets operate in the decades ahead.”