
{"id":185147,"date":"2026-06-22T14:17:43","date_gmt":"2026-06-22T14:17:43","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=185147"},"modified":"2026-06-22T14:17:43","modified_gmt":"2026-06-22T14:17:43","slug":"ice-and-okx-form-joint-venture-to-connect-nyse-infrastructure-with-120-million-crypto-users","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=185147","title":{"rendered":"ICE and OKX Form Joint Venture to Connect NYSE Infrastructure With 120 Million Crypto Users"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/ice-and-okx-form-crypto-to-connect-nyse\">ICE and OKX Form Joint Venture to Connect NYSE Infrastructure With 120 Million Crypto Users<\/a><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">Intercontinental Exchange and OKX <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260622653058\/en\/Intercontinental-Exchange-and-OKX-Establish-Joint-Venture-to-Bridge-Traditional-and-Digital-Asset-Markets\" target=\"_blank\" rel=\"noopener\">announced<\/a> Monday the formation of a 50\/50 joint venture designed to bridge regulated traditional market infrastructure with the global crypto trading ecosystem \u2014 a deal that puts the owner of the New York Stock Exchange in a direct operating partnership with one of the world\u2019s largest crypto exchanges.<\/p>\n<p class=\"wp-block-paragraph\">The joint venture, subject to regulatory approvals, will operate as a U.S.-registered broker-dealer and futures commission merchant (FCM).\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Its primary function will be to give OKX\u2019s 120 million customers access to ICE futures markets and NYSE <a href=\"https:\/\/bitcoinmagazine.com\/tags\/tokenization\">tokenized equities<\/a> \u2014 bringing the plumbing of global capital markets into crypto-native trading environments for the first time at this scale.<\/p>\n<p class=\"wp-block-paragraph\">The deal is the next step in a relationship that began in March, when <a href=\"https:\/\/bitcoinmagazine.com\/news\/nyse-parent-company-invests-crypto-okx\">ICE made a strategic investment<\/a> in OKX at a $25 billion valuation and took a seat on the exchange\u2019s board. That investment laid the groundwork for Monday\u2019s announcement, which moves the two companies from a financial partnership into a shared operational structure.<\/p>\n<p class=\"wp-block-paragraph\">The JV will be co-chaired by ICE and former New York Governor Andrew Cuomo, who has worked with OKX since 2023.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">\u201cThis partnership brings together OKX\u2019s world-class blockchain technology and ICE\u2019s trusted market infrastructure to help build a more modern, transparent, and resilient financial system for the future,\u201d Cuomo said in the announcement.<\/p>\n<p class=\"wp-block-paragraph\">ICE Senior Vice President Trabue Bland framed it in market reach terms: \u201cICE\u2019s global benchmarks and regulated market technology have earned the trust of institutions and traders everywhere and now, through our partnership with OKX, we are working towards extending that reach to OKX\u2019s 120 million retail traders.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Beyond the core broker-dealer and FCM structure, the joint venture will explore what the announcement describes as \u201cadjacent opportunities for regulatory-compliant blockchain-enabled markets\u201d \u2014 language that leaves the door open for tokenized bonds, commodities, and other asset classes to follow equities onto the shared infrastructure.<\/p>\n<p class=\"wp-block-paragraph\">OKX holds licenses across the U.S., UAE, European Economic Area, Singapore, and Australia, giving the JV a regulatory footprint that most crypto-native firms lack. ICE, meanwhile, operates some of the most critical clearing and settlement infrastructure in global finance, including ICE Clear Credit and ICE Clear Europe.<\/p>\n<h2 class=\"wp-block-heading\">What this venture means for bitcoin and crypto<\/h2>\n<p class=\"wp-block-paragraph\">For bitcoin, the implications are a bit structural and not necessarily immediate. ICE already <a href=\"https:\/\/ir.theice.com\/press\/news-details\/2020\/Intercontinental-Exchange-Announces-Agreement-to-Acquire-Leading-Loyalty-Program-Provider-Bridge2-Solutions\/default.aspx\" target=\"_blank\" rel=\"noopener\">operates<\/a> the Bakkt platform and has years of experience with bitcoin futures through its derivatives markets \u2014 and a joint venture that puts regulated NYSE infrastructure in front of 120 million OKX users creates one of the largest compliant on-ramps to bitcoin exposure ever built.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">When traditional financial institutions construct regulated rails into this market, bitcoin is the first asset those rails serve, and broader distribution at this scale has historically translated into sustained demand.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/ice-and-okx-form-crypto-to-connect-nyse\">ICE and OKX Form Joint Venture to Connect NYSE Infrastructure With 120 Million Crypto Users<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine ICE and OKX Form Joint Venture to Connect NYSE Infrastructure With 120 Million Crypto Users Intercontinental Exchange and OKX announced Monday the formation of a 50\/50 joint venture designed to bridge regulated traditional market infrastructure with the global crypto trading ecosystem \u2014 a deal that puts the owner of the New York Stock [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":185148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-185147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/185147"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=185147"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/185147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/185148"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=185147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=185147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=185147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}