In a significant development bringing together Wall Street players with digital asset focused initiatives, Intercontinental Exchange (ICE)—(NYSE:ICE) the operator of the New York Stock Exchange—has secured a minority stake in OKX, one of the world’s largest cryptocurrency exchanges. Announced on March 5, 2026, the strategic investment values OKX at $25 billion, marking a bold step by traditional finance giants into the maturing crypto landscape.

While the exact investment amount remains private, the deal includes ICE gaining a seat on OKX’s board of directors.

This partnership extends far beyond capital infusion.

ICE and OKX plan to collaborate on several fronts, including market design, clearing mechanisms, risk oversight,…