ICE and OKX form joint venture for tokenized finance

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, and OKX have established a 50:50 joint venture to build infrastructure for tokenization and digital financial products. The new entity, which will operate as a U.S.-registered broker-dealer and futures commission merchant (FCM), is set to provide OKX customers with secure access to ICE futures and the New York Stock Exchange's tokenized stock market. Former New York Governor Andrew Cuomo has been appointed co-chairman. The two companies plan to lead the development of a regulatory-compliant, blockchain-based financial ecosystem.