According to the report on March 5, the parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE), has invested in the cryptocurrency exchange OKX, with OKX reaching a valuation of $2.5 billion in this funding round. ICE will gain a seat on OKX's board, further strengthening its influence in the cryptocurrency sector.
Cryptocurrency Data and New Product Collaboration
OKX will provide ICE with real-time cryptocurrency pricing data and plans to offer its users trading options with on-chain stocks and derivatives listed on the New York Stock Exchange starting from the latter half of 2026. ICE had previously announced its self-developed blockchain-based tokenized securities trading infrastructure and invested in the prediction market platform Polymarket.
OKX Reaches Settlement with the U.S. Department of Justice
OKX has reached a $500 million settlement with the U.S. Department of Justice over unlicensed money transfer services and has restarted operations in the U.S. this year. OKX stated that it plans to expand its team for the launch of new products in the U.S. This move also marks OKX's further development in the U.S. market, especially in cross-industry cooperation between the cryptocurrency and traditional financial markets.
