ICE and OKX form 50-50 broker-dealer venture aimed at U.S. tokenized equities

Intercontinental Exchange (ICE), the New York Stock Exchange’s parent, and crypto platform OKX announced a 50-50 joint venture to link OKX’s 120 million global users with U.S.-regulated futures markets and tokenized equities. The companies said Monday the venture is intended to provide infrastructure for tokenized and digitally native financial products. The planned entity is expected to seek U.S. broker-dealer and futures commission merchant registration, subject to regulatory approvals.