Digital Assets

The transaction took place on the Canton Network between Franklin Templeton and Virtu Financial, and comes amid growing institutional momentum behind tokenised real-world assets.  

The 50-50 split venture will allow OKX clients to access ICE futures and NYSE tokenised equities markets and follows ICE’s $25 billion investment into OKX in March 2026.  

If approved, the SEC filing will enable tokenised trading of Russell 1000 stocks and major-index ETFs; the exchange is currently set to expand to 23/5 US equities trading on its exchange in late 2026.  

HSBC, BNP Paribas, Citadel Securities, CME Ventures and Broadridge among investors backing latest round as focus shifts to regulated blockchain market infrastructure. 

The license – granted via Virtu’s Irish subsidiary – will allow the firm to offer a suite of regulated crypto-asset services under a single framework, including trading and liquidity provision capabilities.  

Through launching the CFTC-regulated contracts, the cryptocurrency platform aims to support US-based clients in accessing uninterrupted market exposure by bringing perpetual futures activity onshore.  

The initial phase of the Chainlink integration will span spot and one-month forward rates across major G10, Asian and emerging market currency pairs.  

The MiCA license, granted by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) will allow the firm to expand its European footprint across OTC spot trading operations.  

The initial trade was executed between FalconX and G-20 Group, and beginning 29 May, the contracts will be available for 24/7 trading.  

Enhancement builds on distributed ledger repo platform as firm extends multi-asset capabilities across post-trade and trading workflows.