JAKARTA - Global cryptocurrency exchange OKX announced a strategic investment from Intercontinental Exchange Inc. (ICE), operator of the New York Stock Exchange (NYSE), with a company valuation of 25 billion US dollars.
This deal marks a major step in integration between traditional financial markets and the digital asset ecosystem. As part of the investment, ICE will also take a seat on OKX's board of directors.
This partnership is considered a strong signal of increased trust of major financial institutions in the development of the crypto industry and blockchain technology.
ICE Chairman and CEO Jeffrey C. Sprecher said the partnership with OKX will expand global investors' access to ICE-operated markets while accelerating the development of blockchain-based financial infrastructure.
"Our strategic relationship with OKX will expand global retail access to the ICE regulated market and accelerate our plans to bring on-chain infrastructure and tokenized assets to investors," Sprecher said in a statement.
OKX founder and CEO Star Xu said the partnership brings together two high-performance transaction matching engine operators that are expected to strengthen the market structure between digital assets and equities.
"This collaboration bridges digital assets and stocks, strengthens cross-market pricing formation, and improves risk management and compliance standards," said Xu.
In this cooperation, there are four main pillars of collaboration.
First, OKX users will gain access to tokenized US stocks and derivatives listed on the NYSE. This product is targeted to launch in the second half of 2026.
Second, ICE will license the spot price of crypto from OKX to support the development of new crypto futures products.
Third, both companies will develop an institutional-standard clearing and risk management system.
Fourth, the development of a multi-chain custodian architecture and the latest generation of digital wallets.
In line with the investment, the NYSE also announced plans to develop a tokenized securities platform that allows US stocks and ETFs to be traded through blockchain technology.
This platform is designed to provide 24-hour stock trading for seven days, instant blockchain-based transaction settlement, and the ability to buy shares in fractional amounts with small nominal amounts.
Investors can also fund transactions using stablecoins without relying on traditional banking infrastructure.
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