Intercontinental Exchange (ICE) and OKX have announced a joint venture to issue tokenized assets, offering exposure to listed equities and other real-world financial products. The partnership leverages ICE's traditional exchange infrastructure, including NYSE market plumbing, to accelerate crypto adoption.
The deal promises faster settlement, fractional access, and 24/7 transferability but raises custody, redemption, shareholder-rights, and regulatory questions.
This marks a significant push by traditional exchange infrastructure into tokenized equities and real-world asset tokenization. ICE's involvement is notable, as the company sits behind some of the most important market infrastructure in traditional finance, including the New York Stock Exchange.