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ICE, OKX tap Andrew Cuomo to lead joint crypto venture

ICE, OKX tap Andrew Cuomo to lead joint crypto venture

  • Key insight: The partnership reflects Wall Street’s continued embrace of blockchain-based markets and crypto platforms’ creep into traditional financial infrastructure.
  • What’s at stake: OKX’s 120 million customers across the world would gain access to ICE futures and NYSE-listed equities through the venture.
  • Forward look: The companies are still waiting on regulatory approval to operate as a U.S. registered broker dealer.

Former New York Governor Andrew Cuomo will lead a joint venture between the Intercontinental Exchange and crypto trading platform OKX, the companies announced on Monday. 

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Pending regulatory approval, the partnership will aim to build “24/7 trading infrastructure”  needed for tokenizing financial…

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