News Explorer — NYSE Parent Company Invests in OKX at $25B Valuation

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Mar 5, 12:36 pm

Fortune

NYSE Parent Company Invests in OKX at $25B Valuation

The New York Stock Exchange's parent company Intercontinental Exchange has invested in OKX at a $25 billion valuation, forming a partnership to allow the crypto exchange's users to trade tokenized stocks and derivatives listed on the NYSE. The move aligns with Intercontinental Exchange's strategy to adapt to changing trading habits in the financial industry.

The New York Stock Exchange's parent company Intercontinental Exchange has invested in OKX at a $25 billion valuation, forming a partnership to allow the crypto exchange's users to trade tokenized stocks and derivatives listed on the NYSE. The move aligns with Intercontinental Exchange's strategy to adapt to changing trading habits in the financial industry.

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