OKX and NYSE owner launch joint venture for tokenized equities

The partnership is set to give OKX’s 120 million users access to ICE futures and NYSE-listed stocks through tokenized versions of traditional assets.

Summary

OKX and the owner of the New York Stock Exchange have launched a joint venture focused on tokenized equities, expanding the link between crypto trading infrastructure and traditional financial markets. The partnership is designed to give OKX’s 120 million users access to ICE futures and NYSE-listed stocks through tokenized instruments, a structure that typically represents conventional assets on blockchain rails for easier digital trading and settlement.

Terms & Concepts
  • tokenized equities: Stocks represented as digital tokens.
  • ICE futures: Derivatives contracts traded on Intercontinental Exchange markets.