Key facts
- Andrew Cuomo will co-chair a new joint venture.
- The joint venture is between crypto exchange OKX and Intercontinental Exchange (ICE).
- ICE is the parent company of the NYSE.
- The venture aims to build infrastructure for tokenized financial products.
- The initiative is pending regulatory approval.
Andrew Cuomo, the former Governor of New York, is slated to co-chair a new joint venture formed by crypto exchange OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. The primary objective of this new venture is to develop the necessary infrastructure for tokenized financial products. The initiative is contingent upon receiving approval from regulatory bodies. This collaboration marks a significant step for OKX and ICE into the burgeoning digital asset market, leveraging Cuomo's experience in public service and governance.