
Cuomo to co-chair OKX and ICE venture
- OKX and Intercontinental Exchange announced a planned digital asset venture that will be co-chaired by former New York Governor Andrew Cuomo.
- The project aims to develop infrastructure for tokenised and digitally native financial products, subject to regulatory approval.
- The venture would allow OKX users to access ICE futures markets and tokenised equity products linked to the New York Stock Exchange.
Cryptocurrency exchange OKX and Intercontinental Exchange announced a proposed joint venture that will be co-chaired by former New York Governor Andrew Cuomo and focused on digital asset infrastructure.
The project follows a partnership announced in March in which ICE invested an undisclosed amount in OKX at a reported valuation of US$25 billion.
“The venture will focus on building next-generation infrastructure for tokenised and digitally native financial products,” said OKX and ICE in a joint announcement.
The companies said the venture would allow OKX users to access ICE futures markets and tokenised equity products linked to the New York Stock Exchange, although the initiative remains subject to regulatory approval.
OKX said Cuomo has worked with the company since 2023 and will help oversee the project alongside ICE leadership, while Following the announcement neither company disclosed financial terms for the venture.
ICE has expanded its involvement in digital assets through several initiatives, including a previously announced US$2 billion investment commitment to prediction market platform Polymarket.
The announcement comes after Cuomo's unsuccessful 2025 campaign for New York City mayor, during which he said he wanted the city to become a global centre for cryptocurrency and digital asset innovation.