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 bridge 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 at ICE, said in a statement Monday morning.
Subject to regulatory approvals, the OKX and ICE project is expected to operate as a registered broker-dealer and a futures commission dealer, the statement noted.
The goal of the joint venture is to provide OKX’s 120 million users in the US and abroad with access to the ICE futures and NYSE tokenized equity markets. It will also explore adjacent opportunities for the regulatory compliant blockchain-enabled market, it added.
Cuomo, who served as New York’s 56th governor, New York State Attorney General and Minister of Housing and Urban Development, began working with OKX in 2023.
