Intercontinental Exchange and OKX establish a joint venture to connect traditional finance and the digital asset market.

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The Intercontinental Exchange (NYSE: ICE) and OKX (OKEx) announced today that they have officially established a joint venture to build a new generation of infrastructure focused on tokenization and digital native financial products.

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

Upon obtaining the relevant regulatory approvals, the joint venture is expected to operate as a U.S. registered broker-dealer and futures commission merchant (FCM), allowing OKX's users in the U.S. and overseas to access ICE's futures markets and the New York Stock Exchange (NYSE) tokenized stock market. This equal joint venture, with both parties holding 50% equity, will also actively explore blockchain-enabled, regulatory-compliant adjacent market opportunities.

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

"The next chapter of financial markets will depend on whether innovation and government regulation can synergize effectively," Cuomo said. "This collaboration brings together OKX's world-class blockchain technology and ICE's trusted market infrastructure to help jointly build a more modern, transparent, and resilient future financial system. I personally look forward to the social impact that blockchain technology can bring—promoting financial democratization and ensuring foundational financial services reach those who have not been adequately covered."

"The ICE and OKX joint venture is a step towards building the infrastructure upon which future global markets will rely for decades to come," 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 around the world. Now, through our cooperation 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 following ICE's strategic investment in OKX in March of this year.

About Intercontinental Exchange (ICE)

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

About OKX (OKEx)

OKX is a fintech company known for its global cryptocurrency trading platform and on-chain wallets and trading markets. The company continues to develop technologies and applications to drive the modernization of currency 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, the Middle East headquarters is in Dubai, and it has 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 United States, the UAE, the European Economic Area (EEA), Singapore, Australia, and other markets.

OKX remains committed to transparency and security, regularly publishing proof of reserves reports each month.

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