Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, has announced a strategic investment in global cryptocurrency exchange OKX, valuing the platform at $25 billion.
According to an announcement from ICE on Thursday, March 5, the collaboration is set to bolster ICE's on-chain capabilities, while enhancing OKX's institutional and retail offerings.
While the exact terms of the investment weren’t disclosed in the announcement, the two firms have established a strategic partnership, with plans to expand offerings from both sides.
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