NYSE Parent ICE Invests in OKX at $25 Billion Valuation
Intercontinental Exchange has taken a minority stake in OKX, valuing the crypto firm at $25 billion. The firms will collaborate on regulated futures markets.
Xurve View
Insights:
Xurve View
The cryptocurrency exchange OKX has reached a valuation of $25 billion following a minority investment from Intercontinental Exchange, Inc.. The parent company of the New York Stock Exchange announced the deal on Thursday, positioning OKX's market value significantly higher than recent industry entrants such as Bullish and Gemini.
