OKB jumps 50% as NYSE owner Intercontinental Exchange backs OKX at $25B valuation

A strategic alliance between OKX and Intercontinental Exchange aims to blur lines between traditional finance and crypto.

OKB, the native token of crypto exchange OKX, rocketed over 50% today following news that Intercontinental Exchange, the publicly traded parent company of the New York Stock Exchange, made a strategic investment in the platform, Fortune reported.

The deal values OKX at $25 billion and includes a board seat for the trading giant.

This is a developing story.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

A strategic alliance between OKX and Intercontinental Exchange aims to blur lines between traditional finance and crypto.

OKB, the native token of crypto exchange OKX, rocketed over 50% today following news that Intercontinental Exchange, the publicly traded parent company of the New York Stock Exchange, made a strategic investment in the platform, Fortune reported.

The deal values OKX at $25 billion and includes a board seat for the trading giant.

This is a developing story.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

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