ICE Partners with OKX to Launch Crude Oil Perpetual Futures Contract

BlockBeats News, May 22nd, according to Bloomberg, Intercontinental Exchange (ICE, parent company of the New York Stock Exchange) is partnering with the cryptocurrency exchange OKX to launch a perpetual futures contract pegged to crude oil.

According to statements from both parties, ICE's Brent crude and WTI crude futures prices will serve as the pricing benchmarks for the related perpetual contract. This product will be launched in regions where OKX is licensed to offer perpetual futures trading.