Mar. 5 at 5:16 PM
🏦
$ICE takes a stake in crypto exchange OKX at a
$25BN valuation.
Deal includes US-regulated futures contracts tied to OKX crypto prices + a board seat for ICE.
OKX gets access to ICE's US futures and tokenised equities markets in return.
Jeffrey Sprecher, Chair and CEO, Intercontinental Exchange:
"Accelerate our plans to offer on-chain infrastructure and tokenised assets to US investors."
$NDAQ backed
$COIN rival Gemini with
$50MN in September.
Traditional exchanges are racing into crypto. 📈
Full article: https://liquidityfinder.com/news/intercontinental-exchange-enters-okx-with-board-seat-and-futures-partnership-0f264
$ICE $COIN $BTC.X
$ETH.X