Andrew Cuomo to Co-Chair OKX-ICE Venture Merging Crypto and NYSE Markets

Q: What new technology allows the NYSE to now offer its assets on-chain to crypto users 24/7?

The enabling technology is a blockchain-based tokenization platform for securities, built to put NYSE-linked assets on-chain and make them available to crypto users around the clock. In practice, that means traditional assets such as equities and futures are converted into digital tokens that represent the underlying instruments. The reporting around the Cuomo-led OKX-ICE venture says the goal is to give OKX users access to tokenized NYSE equities and ICE futures through a crypto interface, with near-instant settlement and 24/7 availability. The broader infrastructure described in related reporting is a digital trading platform developed with blockchain rails and tokenized securities technology, with Securitize cited as a key design and transfer-agent partner for tracking ownership and corporate actions on-chain. That setup is what allows exchange-listed assets to move from traditional market hours into continuous, on-chain access. So the short answer is: tokenized securities on a blockchain-based trading platform, supported by on-chain settlement infrastructure.

3 articles · Updated · Bloomberg · Jun 22

Andrew Cuomo will co-chair a new joint venture between crypto exchange OKX and Intercontinental Exchange, the owner of the New York Stock Exchange.
The venture is aimed at building a business that links digital-asset markets with traditional finance infrastructure.
Trabue Bland—ICE’s senior vice president of futures exchanges—will serve as the other chair, giving the project leadership from both partners.
Cuomo had already advised OKX on policy matters, including issues tied to the federal investigation that ended with the firm pleading guilty.