Former New York Governor Andrew Cuomo is main an OKX and New York Inventory Trade proprietor Intercontinental Trade (ICE) three way partnership to construct infrastructure to bridge conventional and digital monetary markets.
“The ICE-OKX joint venture is a step towards building the infrastructure that will define how global markets operate in the decades ahead,” mentioned Trabue Bland, senior vice chairman at ICE in an announcement Monday morning.
Topic to regulatory approvals, the OKX and ICE undertaking is anticipated to function as a registered broker-dealer and a futures fee service provider, the assertion famous.
The objective of the three way partnership is to allow OKX’s 120 million customers within the U.S. and abroad to entry ICE futures and NYSE tokenized equities markets. It can additionally discover adjoining alternatives for the regulatory-compliant blockchain-enabled market, it added.
Cuomo, who served as New York’s 56th governor, New York State Legal professional Normal, and Secretary of Housing and City Improvement, started working with OKX in 2023.
