OKX and Intercontinental Exchange Form Joint Venture to Build Digital Asset Infrastructure

Global blockchain technology company OKX is partnering with financial market technology firm Intercontinental Exchange to build next-generation infrastructure for tokenized financial products and digital assets.

Star Xu, CEO of OKX, is answering questions at a joint press conference held on the morning of the 4th in Yeouido, Seoul. The photo is not related to the article. OKX

On June 23, OKX announced that it will establish a joint venture (JV) with Intercontinental Exchange for this purpose.

The joint venture will operate under a 50-50 ownership structure and, pending regulatory approval, is expected to launch as a US-registered broker-dealer and futures commission merchant (FCM). Through this, OKX users will gain direct access to Intercontinental Exchange's ICE Futures Market and the New York Stock Exchange (NYSE) tokenized stock market.

This joint venture follows Intercontinental Exchange's strategic investment in OKX announced in March.

Star Xu, CEO of OKX, stated, "The convergence of traditional finance and digital finance is now becoming a reality."

This content was produced with the assistance of AI translation services.