NYSE Owner ICE and OKX Form Joint Venture to Tokenize Stocks and Futures
Intercontinental Exchange (ICE), owner of the NYSE, and crypto exchange OKX announced a 50-50 joint venture, OKXICE, to tokenize NYSE-listed equities and ICE futures. Former NY Governor Andrew Cuomo and ICE’s Trabue Bland will co-chair. ICE had previously invested $200 million in OKX, valued at $25 billion. The venture aims to operate as a U.S.-registered broker-dealer, pending regulatory approvals, following OKX’s $500 million settlement with the DOJ over compliance violations.
Cross-source coverage
Wire timeline
Ex-New York Governor Andrew Cuomo to Lead OKX-Intercontinental Exchange Blockchain Venture
Former New York Governor Andrew Cuomo will co-chair a joint venture between cryptocurrency exchange OKX and Intercontinental Exchange (ICE), owner of the New York Stock Exchange. The partnership, announced on June 22, 2026, aims to build infrastructure for tokenized financial products and explore regulatory-compliant blockchain-enabled markets. The venture will give OKX users access to NYSE tokenized equities and ICE futures markets. ICE previously invested approximately $200 million in OKX in March 2026, valuing the crypto exchange at around $25 billion. Cuomo, who has been a paid adviser to OKX since 2023, emphasized the importance of aligning innovation with government regulation. The former governor also highlighted blockchain's potential for democratizing finance and serving underserved populations. The venture comes amid a broader trend of digital asset firms entering traditional finance under a pro-crypto second Trump administration, with other exchanges receiving Federal Reserve master accounts and OCC trust charters.
Yahoo FinanceICE and OKX Form Joint Venture to Tokenize NYSE Securities
Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, and OKX, the firm behind a major centralized crypto exchange, announced a joint venture to develop tokenized securities and digital asset products. Subject to regulatory approval, the venture will allow OKX's 120 million retail traders access to tokenized equities listed on the NYSE and futures contracts offered by ICE. The venture will be co-chaired by ICE and former New York Governor Andrew Cuomo, who has worked with OKX since 2023. Specific blockchain details were not disclosed, but the focus is on tokenizing NYSE-listed equities. This follows ICE's earlier minority investment in OKX at a $25 billion valuation and a prior collaboration on crypto-native perpetual futures for oil.
Yahoo FinanceICE and OKX form joint venture to tokenize NYSE stocks and futures
Intercontinental Exchange (ICE) and crypto exchange OKX announced a 50-50 joint venture named OKXICE to build infrastructure for tokenized financial products, giving OKX's global users access to NYSE-listed equities and ICE futures markets. The venture will be co-chaired by former New York Governor Andrew Cuomo and ICE senior vice president Trabue Bland. Subject to regulatory approvals, OKXICE is expected to operate as a U.S.-registered broker-dealer and futures commission merchant. Oil futures products are already in development. The announcement builds on ICE's earlier $200 million investment in OKX, which was valued at $25 billion. OKX settled a federal investigation in 2025 for over $500 million over illegal U.S. operations before relaunching.
Yahoo FinanceICE and OKX Form Joint Venture to Tokenize NYSE Stocks and Futures
Intercontinental Exchange (ICE) and cryptocurrency exchange OKX announced a 50-50 joint venture named OKXICE to build infrastructure for tokenized financial products, granting OKX's global users access to NYSE-listed equities and ICE futures markets. The venture will be co-chaired by former New York Governor Andrew Cuomo and ICE senior vice president Trabue Bland. Subject to regulatory approvals, OKXICE is expected to operate as a U.S.-registered broker-dealer and futures commission merchant. Oil futures products are already in development. The announcement follows ICE's earlier $200 million investment in OKX, which was valued at $25 billion. Cuomo had been working with OKX since 2023, and the exchange settled a federal investigation for over $500 million in 2025 before relaunching its U.S. operations.
Yahoo FinanceICE Invests $25 Billion in OKX to Launch Tokenized NYSE Stocks
Intercontinental Exchange (ICE), owner of the New York Stock Exchange, has formed a strategic partnership and minority investment in crypto exchange OKX, valuing OKX at $25 billion. The deal includes plans for a joint venture that will offer regulated access to tokenized NYSE equities and ICE futures to OKX's 120 million users, pending US regulatory approvals. ICE also gains a board seat on OKX. The joint venture targets US broker-dealer and futures commission merchant registrations, with rollout expected in the second half of 2026. Additionally, ICE will license OKX spot crypto prices to launch its own US-regulated crypto futures products. The partnership aims to bridge traditional finance and crypto, providing crypto-native traders direct access to Wall Street products with benefits like near-instant settlement and fractional ownership.
Yahoo FinanceFormer New York Governor Andrew Cuomo to Co-chair Joint Venture Between NYSE Owner and Crypto Exchange OKX
Former New York Governor Andrew Cuomo will co-chair a new joint venture between Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, and the cryptocurrency exchange OKX. Cuomo, who has been an advisor to OKX since 2023, expressed strong confidence in the blockchain sector, stating, 'This blockchain has potential that we have not even realized.' The joint venture aims to bridge traditional finance and the crypto industry, leveraging Cuomo's political and regulatory experience. The announcement was reported exclusively by Fortune on June 22, 2026, signaling a major step in institutional adoption of digital assets under a high-profile former regulator.
Fortune | FORTUNEFormer New York Governor Andrew Cuomo to Co-Chair Joint Venture Between NYSE Owner and Crypto Exchange OKX
Former New York Governor Andrew Cuomo has been appointed as co-chair of a new joint venture between Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, and the Seychelles-based cryptocurrency exchange OKX. Cuomo, who has served as an advisor to OKX since 2023, expressed strong confidence in blockchain technology, stating it has 'potential that we have not even realized.' The venture aims to bridge traditional finance and digital assets, leveraging ICE's market infrastructure and OKX's crypto expertise. The announcement, covered by Fortune on June 18, 2026, highlights the increasing convergence of mainstream finance and cryptocurrency, with a prominent political figure endorsing the initiative.
Fortune | FORTUNEFormer NY Governor Andrew Cuomo to Co-Chair NYSE-OKX Joint Venture on Tokenization
Former New York Governor Andrew Cuomo, who lost the 2025 NYC mayoral race, will co-chair a joint venture between Intercontinental Exchange (NYSE owner) and crypto exchange OKX. The venture aims to tokenize NYSE-listed assets into blockchain wrappers and provide OKX users access to tokenized futures and equities. ICE invested roughly $200 million in OKX at a $25 billion valuation in March 2026. Cuomo, who previously advised OKX after resigning as governor amid sexual harassment allegations, stated the project is about blockchain and financial technology, not crypto per se. ICE Senior Vice President Trabue Bland will serve as co-chair. The announcement follows OKX's $500 million settlement with the DOJ for anti-money laundering violations and its subsequent U.S. relaunch under a favorable regulatory environment.
Yahoo Finance