OKX CEO: Partnership with ICE to Connect Crypto Asset with Stock Market, Building a More Reliable Market Structure

BlockBeats News, March 5th, OKX founder and CEO Star Xu stated that OKX's partnership with Intercontinental Exchange (ICE) will combine OKX's digital asset execution technology with ICE's regulated market technology. As operators of two high-performance matching engines with transparent order books, the two parties plan to jointly build a more reliable market structure, connecting the digital asset and stock markets, enhancing cross-market price formation, and meeting institutional-level risk management and compliance standards.

BlockBeats reported earlier today that ICE, the parent company of the New York Stock Exchange, has made an investment in the cryptocurrency exchange OKX, valuing the exchange at approximately $25 billion in this round of funding.