Overview
- The 50/50 joint venture was announced on Monday, June 22, 2026, and will build regulated infrastructure to issue and trade tokenized NYSE-listed securities on blockchain networks.
- Former New York governor Andrew Cuomo will co-chair the venture with ICE senior vice president Trabue Bland, continuing Cuomo’s advisory role with OKX that began in 2023.
- The companies say the JV intends to register as a U.S. broker‑dealer and futures commission merchant so it can legally route ICE futures and tokenized equities into OKX’s platform, pending approvals and oversight.
- OKX’s roughly 120 million global accounts are the target distribution channel, with tokenization defined as wrapping NYSE-listed assets into blockchain tokens that can enable 24/7 trading and faster settlement where allowed.
- The deal follows ICE’s roughly $200 million minority investment in OKX in March 2026 and could broaden into other blockchain-enabled asset classes while drawing closer regulatory scrutiny because of OKX’s 2025 DOJ plea and Cuomo’s prior advisory work.