OKX and NYSE team up to connect Tradfi and crypto markets in joint venture led by Andrew Cuomo

Former New York Governor Andrew Cuomo is leading a joint venture between OKX and New York Stock Exchange owner Intercontinental Exchange (ICE) to build infrastructure to connect traditional and digital financial markets.

“The ICE-OKX joint venture is a step toward building the infrastructure that will define how global markets operate for decades to come,” Trabue Bland, senior vice president of ICE, said in a statement Monday morning.

Subject to regulatory approvals, the OKX and ICE project is expected to operate as a registered broker and commission trader of futures contracts, the statement said.

The goal of the joint venture is to provide OKX’s 120 million users in the United States and abroad with access to the ICE futures and NYSE tokenized equity markets. It will also explore adjacent opportunities for the regulatory-compliant blockchain market, he added.

Cuomo, who served as the 56th governor of New York, attorney general of New York State and secretary of Housing and Urban Development, began working with OKX in 2023.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top