ICE Reportedly Invests $200 Million in OKX to Expand Blockchain Push
According to the source, Intercontinental Exchange (operator of the New York Stock Exchange) is backing crypto exchange OKX as part of a broader move into blockchain technology and tokenized stocks.
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Terms & Concepts
Blockchain technology: A distributed digital ledger that records transactions across a network, allowing data to be stored transparently and without a central operator.
Tokenized stocks: Digital tokens designed to represent shares or share-like exposure on a blockchain, aiming to make trading and settlement more programmable.
Crypto exchange: A platform where users buy, sell, and trade digital assets such as Bitcoin and other cryptocurrencies.