Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, has taken a bold step into crypto by acquiring a minority stake in OKX at a $25 billion valuation, earning a seat on its board. This partnership is set to blend the stability of traditional finance with the innovation of digital assets, with plans to launch U.S.-regulated crypto futures tied to OKX pricing and explore collaboration in clearing, risk management, custody, and market data. This move not only highlights the growing embrace of crypto by major institutions but also supports OKX’s expansion in the U.S. while leveraging ICE’s robust infrastructure and regulatory expertise.

ICE Secures Minority Stake in OKX at $25BN Valuation