"People around the world are trying to access the U.S. market, but they're often unable to-there's a lot of hoops to jump through. The most exciting thing is that this partnership allows us and ICE to bring twenty-four-seven, tokenized securities-all the equities on the New York Stock Exchange-onto the OKX app. American stocks should be accessible to people around the globe."
"The partnership will serve as a way for international investors to access U.S. equity markets. Since OKX is a crypto platform with no set trading hours, investors can make changes to their portfolios on the fly, any time, day or night."
Intercontinental Exchange (ICE) has partnered with crypto platform OKX to expand access to U.S. capital markets. ICE will license OKX spot crypto prices and launch U.S.-regulated crypto futures contracts, while OKX will distribute these futures and tokenized equities. Crypto-native users on OKX gain access to NYSE-listed stocks through tokenization. ICE is making a minority investment in OKX, valuing the platform at $25 billion. The partnership addresses barriers international investors face accessing U.S. markets by offering 24/7 trading of tokenized American stocks on the OKX platform, eliminating traditional trading hour restrictions and simplifying portfolio management for global users.
Read at Fast Company
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