OKX taps Andrew Cuomo for bold NYSE tokenization venture

Intercontinental Exchange and OKX will build a U.S. broker-dealer to route OKX's customers into NYSE tokenized equities and ICE futures, pending regulatory approval.

1% crypto allocation by a Japanese multi-employer pension and a June 11 FIEA reform set up domestic ETFs and futures by 2028, reshaping Bitcoin’s institutional path.

The pair will focus on advancing tokenization and digital asset infrastructure in a joint venture co-chaired by the former governor of New York.

The venture is subject to regulatory approvals but will be co-chaired by ICE and former New York Governor Andrew Cuomo, who began working with OKX in 2023.

Bitcoin traded in a volatile but ultimately range-bound week, rallying from near $61K to almost $67K before settling around $65K. Participation and institutional demand softened, but resilient holder behaviour, stable futures positioning, and strong profitability continue to support the market.

Intercontinental Exchange, also known as ICE, the parent company of the New York Stock Exchange, and crypto platform OKX have announced a 50-50 joint venture designed to connect OKX’s 120 million global users to U.S.-regulated futures markets and tokenized equities. The two companies disclosed the deal Monday, describing the venture as infrastructure focused on tokenized […]

Former New York governor Andrew Cuomo will co-chair a joint venture between OKX and NYSE owner Intercontinental Exchange with ICE futures-exchanges chief Trabue Bland. Cuomo has advised OKX on policy since 2022, spanning the exchange's $504 million DOJ settlement. The venture is the consumer-facing

This venture could significantly bridge traditional finance and crypto markets, enhancing global access and integration of financial systems. The post Intercontinental Exchange partners with OKX for tokenized markets in landmark joint venture appeared first on Crypto Briefing.