OKX Receives ICE Investment and Clearly States Intent to List in the US, Report Account Down 53% Due to Early Entry Drawdown

According to PolyBeats monitoring, on the prediction market Polymarket, a new account previously tracked by this channel has invested $9,000 to buy the prediction "OKX will complete its initial public offering (IPO) in 2026." The prediction has now been confirmed. Recent reports show that Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has made a strategic investment in OKX, valuing the company at $25 billion, with information clearly indicating OKX's upcoming listing in the United States.

Although the account accurately predicted the breaking news, its opening average price of 44¢ is currently still at a 53% unrealized loss. As of now, it remains the top "Yes" holder in the market.

Recently, OKX's institutional business underwent a significant restructuring, including a reduction of approximately one-third of its sales force, aiming to transition to a more traditional institutional client coverage model. With the deep collaboration with ICE now in place, OKX is accelerating its compliance process, paving the way for its U.S. IPO.

Despite the clear intention to go public, the probability in the market did not see a significant increase post-announcement: the rules specify that the market will settle as "Yes" only if OKX completes its IPO by 11:59 PM EST on December 31, 2026. IPO refers to OKX's initial sale of stock to the public on any recognized stock exchange.

Furthermore, the rules indicate that if OKX merges with or is acquired by another entity before the settlement, the market will settle as "No." Due to the extremely limited window of time left this year to go through the full compliance and listing process, market expectations remain low.

Account:
0x8baa612e73c3ae94eefdd70afe2b83779fb0f299
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