Crypto may still be known for its wild price swings, but that is not stopping major financial institutions and venture capital firms from doubling down on the industry.
In fact, some of the biggest names in traditional finance are quietly expanding their crypto bets, building infrastructure, launching new investment funds, and positioning themselves for the next phase of digital asset adoption.
One of the clearest signals came this week when Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, revealed a minority investment in crypto exchange OKX.Â
The deal values OKX at roughly $25 billion.
Related: OKX eyes US expansion: ‘Vibrant market for crypto entrants,’ says top exec
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