Key Takeaways
Intercontinental Exchange, which owns the New York Stock Exchange, and crypto exchange OKX announced a 50-50 joint venture called OKXICE on June 22 to build infrastructure for tokenized securities.
The venture plans to register as a US broker-dealer and futures commission merchant, giving OKX's roughly 120 million users access to ICE futures and NYSE tokenized equities.
Former New York Governor Andrew Cuomo will co-chair OKXICE with ICE's Trabue Bland, the latest sign that traditional exchanges are moving trading onto blockchain rails.
Intercontinental Exchange, the company that owns the New York Stock Exchange, and crypto exchange OKX announced a 50-50 joint venture on June 22 called OKXICE, built to move NYSE-listed stocks and ICE futures onto blockchain rails.
The venture plans to operate as a United States registered broker-dealer and futures commission merchant once it clears regulatory approval, which would give OKX's roughly 120 million customers access to ICE futures and tokenized versions of NYSE equities. The two firms say they will also explore other blockchain-enabled markets.
Former New York Governor Andrew Cuomo will co-chair the venture with Trabue Bland, ICE's senior vice president of futures exchanges. Cuomo has advised OKX since 2023, including through the period when the exchange paid about 504 million dollars and pleaded guilty in early 2025 to running an unlicensed money-transmitting business.
The deal builds on ICE's roughly 200 million dollar investment in OKX in March, which valued the exchange at 25 billion dollars. The first product from the relationship was a never-expiring oil futures contract OKX began offering in May. ICE is also working with BNY and Citi on tokenized deposit and liquidity infrastructure, part of a wider plan to move trading, custody, and settlement on-chain.
None of this is new. What's new is the owner of the New York Stock Exchange building the on-ramp itself. WYDE has covered the IMF calling tokenization a structural shift and Larry Fink comparing it to the internet in 1996. When the people who run the oldest market in the country start tokenizing the assets that trade on it, the question stops being whether tokenized securities arrive and becomes who controls the rails they run on.
People Also Ask
What is the OKXICE joint venture?
OKXICE is a 50-50 venture between Intercontinental Exchange and OKX, announced June 22, 2026, to build infrastructure for tokenized NYSE equities and ICE futures.
What are tokenized securities?
Tokenized securities are traditional assets like stocks or bonds issued or mirrored as blockchain tokens, which can settle and trade outside standard market hours.
Who is leading the OKX and NYSE venture?
Former New York Governor Andrew Cuomo co-chairs OKXICE with Trabue Bland, ICE's senior vice president of futures exchanges.
When will OKXICE launch?
The companies say the venture will operate once it secures broker-dealer and futures commission merchant registration, with oil futures already live and equities access pending regulatory approval.
Sources: Businesswire, CoinDesk, Fortune, The Defiant