Intercontinental Exchange and OKX are setting up OKXICE, a 50-50 joint venture aimed at tokenized securities and digitally native financial products. The venture plans to seek U.S. broker-dealer and futures commission merchant licenses, with Andrew Cuomo and ICE futures executive Trabue Bland as co-chairs. The move follows ICE’s roughly $200M OKX investment earlier this year at a $25B valuation, putting a major TradFi exchange operator deeper into regulated crypto market structure.

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