{"id":32417,"date":"2026-03-08T07:09:59","date_gmt":"2026-03-08T07:09:59","guid":{"rendered":"https:\/\/buvei.com\/blog\/?p=32417"},"modified":"2026-03-08T07:09:59","modified_gmt":"2026-03-08T07:09:59","slug":"nyse-owner-ice-invests-in-okx-to-rebuild-u-s-crypto-market","status":"publish","type":"post","link":"https:\/\/buvei.com\/blog\/nyse-owner-ice-invests-in-okx-to-rebuild-u-s-crypto-market\/","title":{"rendered":"NYSE Owner ICE Invests in OKX to Rebuild U.S. Crypto Market"},"content":{"rendered":"<p data-start=\"344\" data-end=\"726\">The owner of the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">New York Stock Exchange<\/span><\/span> is moving deeper into the cryptocurrency sector. <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Intercontinental Exchange<\/span><\/span> (ICE) has taken a minority stake in global crypto exchange <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">OKX<\/span><\/span>, creating a strategic partnership between one of Wall Street\u2019s core market infrastructure providers and a major digital asset trading platform.<\/p>\n<p data-start=\"728\" data-end=\"921\">Sources familiar with the deal say the investment values OKX at around <strong data-start=\"799\" data-end=\"814\">$25 billion<\/strong>, with ICE contributing approximately <strong data-start=\"852\" data-end=\"868\">$200 million<\/strong>. The agreement also gives ICE a seat on OKX\u2019s board.<\/p>\n<p data-start=\"923\" data-end=\"1092\">However, the real significance of the partnership lies less in the capital investment and more in the <strong data-start=\"1025\" data-end=\"1065\">integration of market infrastructure<\/strong> between the two companies.<\/p>\n<p data-start=\"923\" data-end=\"1092\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-32418\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-4-1.webp\" alt=\"\" width=\"1600\" height=\"896\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-4-1.webp 1600w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-4-1-300x168.webp 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-4-1-1024x573.webp 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-4-1-768x430.webp 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-4-1-1536x860.webp 1536w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-4-1-400x224.webp 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-4-1-800x448.webp 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-4-1-832x466.webp 832w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-4-1-1248x699.webp 1248w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/p>\n<h2 data-section-id=\"c57jk0\" data-start=\"1099\" data-end=\"1151\"><a href=\"https:\/\/buvei.com\/blog\/record-gold-prices-drive-over-half-of-bingxs-1b-tradfi-trading-surge\/\">Linking Traditional Markets<\/a> With Crypto Liquidity<\/h2>\n<p data-start=\"1153\" data-end=\"1307\">Under the agreement, ICE will license <strong data-start=\"1191\" data-end=\"1224\">OKX\u2019s spot crypto price feeds<\/strong> to support the development of <strong data-start=\"1255\" data-end=\"1306\">U.S.-regulated cryptocurrency futures contracts<\/strong>.<\/p>\n<p data-start=\"1309\" data-end=\"1543\">In return, OKX plans to distribute those futures products \u2014 along with <strong data-start=\"1380\" data-end=\"1431\">tokenized equities linked to NYSE-listed stocks<\/strong> \u2014 to its global user base of roughly <strong data-start=\"1469\" data-end=\"1490\">120 million users<\/strong>, most of whom are located outside the United States.<\/p>\n<p data-start=\"1545\" data-end=\"1704\">The initiative still requires regulatory approvals before any products can launch. If approved, the structure could connect <strong data-start=\"1669\" data-end=\"1703\">two major liquidity ecosystems<\/strong>:<\/p>\n<ul data-start=\"1706\" data-end=\"1831\">\n<li data-section-id=\"1voi1kh\" data-start=\"1706\" data-end=\"1760\">\n<p data-start=\"1708\" data-end=\"1760\">U.S.-regulated derivatives markets operated by ICE<\/p>\n<\/li>\n<li data-section-id=\"1o2g869\" data-start=\"1761\" data-end=\"1831\">\n<p data-start=\"1763\" data-end=\"1831\">The large global trading volume present on offshore crypto exchanges<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1833\" data-end=\"2087\">For brokers and market operators, this model represents a shift. Instead of competing directly with crypto exchanges, traditional financial institutions are increasingly looking to <strong data-start=\"2014\" data-end=\"2086\">integrate with crypto platforms\u2019 liquidity and distribution networks<\/strong>.<\/p>\n<h2 data-start=\"1124\" data-end=\"1167\"><a href=\"https:\/\/buvei.com\/?s=blog\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-28870 aligncenter\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-300x90.png 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-768x230.png 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-400x120.png 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-800x240.png 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-832x249.png 832w\" alt=\"\" width=\"1024\" height=\"307\" \/><\/a><\/h2>\n<h2 data-section-id=\"296aa6\" data-start=\"2094\" data-end=\"2146\">OKX\u2019s Effort to Rebuild<a href=\"https:\/\/buvei.com\/blog\/best-virtual-cards-in-russia-2026-guide\/\"> U.S. Regulatory Relations<\/a><\/h2>\n<p data-start=\"2148\" data-end=\"2262\">The partnership comes at a critical moment for OKX as it attempts to repair its relationship with U.S. regulators.<\/p>\n<p data-start=\"2264\" data-end=\"2445\">In February 2025, the exchange pleaded guilty to operating an <strong data-start=\"2326\" data-end=\"2389\">unlicensed money-transmitting business in the United States<\/strong>, agreeing to pay roughly <strong data-start=\"2415\" data-end=\"2444\">$504 million in penalties<\/strong>.<\/p>\n<p data-start=\"2447\" data-end=\"2723\">Since then, OKX executives have described their American market strategy as a <strong data-start=\"2525\" data-end=\"2543\">complete reset<\/strong>. The company has referred to the U.S. market as a \u201cblank sheet of paper,\u201d signaling its intention to rebuild operations through partnerships with regulated financial institutions.<\/p>\n<p data-start=\"2725\" data-end=\"2976\">For OKX, the ICE investment provides <strong data-start=\"2762\" data-end=\"2813\">institutional credibility and strategic backing<\/strong>. For ICE, the partnership offers access to one of the <strong data-start=\"2868\" data-end=\"2919\">largest global pools of crypto trading activity<\/strong> without the need to run a retail crypto exchange itself.<\/p>\n<h2 data-section-id=\"svqsh1\" data-start=\"2983\" data-end=\"3024\">Tokenization Becomes a Strategic Focus<\/h2>\n<p data-start=\"3026\" data-end=\"3148\">The collaboration also highlights a broader trend among major exchanges: <strong data-start=\"3099\" data-end=\"3147\">tokenization of traditional financial assets<\/strong>.<\/p>\n<p data-start=\"3150\" data-end=\"3306\">Earlier this year, ICE said it was exploring the launch of a <strong data-start=\"3211\" data-end=\"3305\">marketplace for trading tokenized stocks and exchange-traded funds (ETFs) around the clock<\/strong>.<\/p>\n<p data-start=\"3308\" data-end=\"3439\">At the same time, <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Nasdaq<\/span><\/span> has also sought regulatory approval to list tokenized versions of equities.<\/p>\n<p data-start=\"3441\" data-end=\"3657\">Executives at ICE believe blockchain technology could increasingly play a role in <strong data-start=\"3523\" data-end=\"3593\">trading infrastructure, clearing systems, and settlement processes<\/strong>, potentially transforming how global financial markets operate.<\/p>\n<h2 data-section-id=\"1cctjk5\" data-start=\"3664\" data-end=\"3705\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-31556\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/02\/Using-Virtual-Cards-to-Subscribe-to-ChatGPT-1.webp\" alt=\"\" width=\"1600\" height=\"896\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/02\/Using-Virtual-Cards-to-Subscribe-to-ChatGPT-1.webp 1600w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/02\/Using-Virtual-Cards-to-Subscribe-to-ChatGPT-1-300x168.webp 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/02\/Using-Virtual-Cards-to-Subscribe-to-ChatGPT-1-1024x573.webp 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/02\/Using-Virtual-Cards-to-Subscribe-to-ChatGPT-1-768x430.webp 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/02\/Using-Virtual-Cards-to-Subscribe-to-ChatGPT-1-1536x860.webp 1536w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/02\/Using-Virtual-Cards-to-Subscribe-to-ChatGPT-1-400x224.webp 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/02\/Using-Virtual-Cards-to-Subscribe-to-ChatGPT-1-800x448.webp 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/02\/Using-Virtual-Cards-to-Subscribe-to-ChatGPT-1-832x466.webp 832w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/02\/Using-Virtual-Cards-to-Subscribe-to-ChatGPT-1-1248x699.webp 1248w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/h2>\n<h2 data-section-id=\"1cctjk5\" data-start=\"3664\" data-end=\"3705\">What the Partnership Means for Brokers<\/h2>\n<p data-start=\"3707\" data-end=\"3844\">For brokerage firms and market operators, the <a href=\"https:\/\/buvei.com\/blog\/mastercard-okx-nuvei-stablecoin\/\">ICE\u2013OKX partnership<\/a> offers insight into the <strong data-start=\"3797\" data-end=\"3843\">next phase of market structure development<\/strong>.<\/p>\n<p data-start=\"3846\" data-end=\"4108\">Rather than replacing traditional financial markets, large crypto platforms may evolve into <strong data-start=\"3938\" data-end=\"3986\">distribution networks for financial products<\/strong>, while established exchanges continue providing regulated derivatives markets, clearing systems, and institutional trust.<\/p>\n<p data-start=\"4110\" data-end=\"4124\">In this model:<\/p>\n<ul data-start=\"4126\" data-end=\"4284\">\n<li data-section-id=\"dehjyl\" data-start=\"4126\" data-end=\"4190\">\n<p data-start=\"4128\" data-end=\"4190\">Crypto exchanges supply <strong data-start=\"4152\" data-end=\"4188\">global liquidity and user access<\/strong><\/p>\n<\/li>\n<li data-section-id=\"19hztl0\" data-start=\"4191\" data-end=\"4284\">\n<p data-start=\"4193\" data-end=\"4284\">Traditional exchanges deliver <strong data-start=\"4223\" data-end=\"4284\">regulated financial instruments and market infrastructure<\/strong><\/p>\n<\/li>\n<\/ul>\n<p data-start=\"4286\" data-end=\"4464\">If the strategy proves successful, it could reshape how brokers <strong data-start=\"4350\" data-end=\"4463\">source liquidity, distribute financial products, and interact with both digital and traditional asset markets<\/strong>.<\/p>\n<h2 data-start=\"1124\" data-end=\"1167\"><a href=\"https:\/\/buvei.com\/?s=blog\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-28870 aligncenter\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-300x90.png 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-768x230.png 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-400x120.png 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-800x240.png 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-832x249.png 832w\" alt=\"\" width=\"1024\" height=\"307\" \/><\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"The owner of the New York Stock Exchange is moving deeper into the cryptocurrency sector. Intercontinental Exchange (ICE)&hellip;","protected":false},"author":4,"featured_media":32418,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":""},"categories":[6],"tags":[1796,2098,618,59],"class_list":["post-32417","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-digital-payments","tag-payment-security","tag-virtual-cards","tag-virtual-credit-card","cs-entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts\/32417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/comments?post=32417"}],"version-history":[{"count":0,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts\/32417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/media\/32418"}],"wp:attachment":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/media?parent=32417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/categories?post=32417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/tags?post=32417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}