NYSE Parent ICE Teams with OKX on Tokenized Equities Venture

The New York Stock Exchange's parent company, Intercontinental Exchange (ICE), has formed a joint venture with OKX to give its 120 million global users access to tokenized equities and ICE futures markets.

The 50-50 joint venture will be called OKXICE and will be co-chaired by former New York Governor Andrew Cuomo and ICE senior vice president of futures markets Trabue Bland. The goal is to provide crypto-native traders with access to traditional financial products, while also giving traditional finance a front door into an on-chain infrastructure.

The venture is expected to operate as a registered broker-dealer and futures commission merchant and will be subject to regulatory approvals. The planned rollout is targeted for the second half of 2026.

While the announcement validates stock-related trading through crypto platforms, it doesn't deliver it yet. Equity perpetuals have already been live and generating real volume for months, with approximately $423 million in daily trading volume during Q1 2026. The category grew through a bear market, suggesting growing demand for stock-related trading products among crypto-native users.