Intercontinental Exchange (ICE), the operator of the New York Stock Exchange (NYSE), has invested in crypto exchange OKX at a $25 billion valuation. The deal includes ICE taking a seat on OKX's board.
OKX will provide ICE with a live price feed for its listed crypto assets. In turn, OKX will grant its approximately 120 million users access to ICE's US futures and NYSE tokenized equities markets. This integration is anticipated to launch in the latter half of 2026.
Haider Rafique, global managing partner at OKX, highlighted a shared vision with ICE for tokenization and the convergence of traditional finance with digital assets. This investment marks ICE's latest strategic move into the cryptocurrency sector, following its development of blockchain-based trading infrastructure for tokenized securities and a prior investment in prediction market platform Polymarket.