NYSE owner, ICE, and crypto exchange OKX to launch digital financial products, including tokenized stocks

NYSE owner, ICE, and crypto exchange OKX to launch digital financial products, including tokenized stocks.

The companies said Monday that they were setting up a 50-50 joint venture, called OKXICE, that will be co-chaired by former Governor of New York Andrew Cuomo and ICE Senior Vice President of Futures Markets Trabue Bland. 

➡️ Why this matters

The SEC's proposed Innovation Exemption is widely expected to create a pathway for trading tokenized securities issued by third parties. If implemented, it could significantly reshape the structure of U.S. equity markets by enabling new distribution channels and market infrastructure providers.

OKX is one of the world's largest crypto exchanges, with more than 120 million users globally. For a traditional market operator such as ICE, partnering with an established crypto-native platform offers one of the fastest routes to global distribution for tokenized financial products.

Together, the firms are positioning themselves to bridge traditional capital markets and digital asset markets, potentially creating a new channel for the issuance and trading of tokenized stocks and other digital financial instruments.

ICE acquired a $200M stake in OKX in March 2026 at a reported $25 billion valuation, suggesting this joint venture is part of a broader long-term strategy rather than a standalone initiative.

✅ Explore more research on tokenized funds, stablecoins, tokenized deposits, market infrastructure, and collateral mobility:

• Tokenized MMF

• Tokenized Deposits

• Tokenized Securities

• Stablecoins

• Collateral Mobility

• Market Infrastrcture

Want to understand what matters next. Join Strategic Edge for exclusive research, strategic analysis, and commercialization insights shaping the future of tokenization and digital assets.