Key Insights:
- OKX news reveals that ICE invests in the company, valuing the exchange at $25B.
- The OKB price jumps 50%, reaching $120 amid market excitement.
- That partnership aims at regulated crypto futures, global market access, and institutional-grade infrastructure.
The latest from OKX news reveals a $25 billion investment from the New York Stock Exchange parent company. Intercontinental Exchange, the publicly-traded parent company of the New York Stock Exchange, will take a seat on OKX’s Board of Directors and pursue a broad strategic collaboration.
This major OKX news has significantly contributed to a massive increase in the OKB price. Over the past 24 hours, the token has surged by 50%, while top cryptocurrencies like Bitcoin and Ethereum lag.
OKX News: $25B Investment from NYSE Parent ICE
According to the latest OKX news revealed by Fortune, Intercontinental Exchange (ICE) has announced a strategic investment and partnership with the crypto exchange. The deal values OKX at $25 billion. However, the exact terms of the deal remain undisclosed.
OKX founder Star Xu stated that OKX’s digital asset execution infrastructure, combined with ICE’s regulated market technology, aims to create a stronger market framework linking digital assets with traditional equities. The collaboration is expected to improve cross-market price discovery while aligning with institutional regulatory standards.
Together, the companies plan to explore initiatives such as US-regulated crypto futures based on OKX’s spot process. This provides institutions with a compliant way to access digital assets.
In addition, the platforms also intend to provide global market access for OKX users to ICE’s U.S. futures and NYSE tokenized equities, pending regulatory approval. Enhanced institutional-grade infrastructure is yet another vision of this collaboration, as revealed via the OKX news.
The firms intend to provide clearing, risk management, multi-chain custody, wallet systems, and connectivity to support confident participation in digital-asset markets.
Financial Giants Are Betting Big on Crypto
The recent OKX news marks a major move in the traditional financial space. It underscores the growing influence of crypto and blockchain in TradFi. ICE is also not the first time embracing crypto. In November 2025, the firm invested $2 billion in the prediction market platform Polymarket.
The company is also planning to develop its own blockchain-based trading system for tokenized securities. Commenting on its OKX collaboration, ICE Chair and CEO Jeffrey C. Sprecher noted –
“Our strategic relationship with OKX will expand global retail access to ICE’s pre-eminent regulated markets and accelerate our plans to offer on-chain infrastructure and tokenized assets to U.S. investors. “
He further highlighted Star’s efforts for the growth of OKX. Sprecher also stated that the latest collaboration will bring forward an exciting opportunity for both platforms. Many other Wall Street giants have also embraced crypto. For instance, Morgan Stanley is launching its first Bitcoin Trust. The industry giant has also filed for a Solana ETF.
OKX News: OKB Price Hits $120, Soars 50%
In response to this major OKX news, the OKX price exhibited a remarkable rally. Immediately following the announcement of the ICE backing, the OKB price soared to a high of $120, marking a more than 50% hike.
As of press time, the token price has slightly declined to $106. Still, the altcoin is trading in the green zone, sparking fresh optimism. Over the past 24 hours, the OKB price has jumped by about 38%. On a monthly and weekly basis, the crypto is up by 36% and 21%, respectively.
Source: https://www.thecoinrepublic.com/2026/03/06/okx-news-okb-price-soars-50-as-nyse-parent-backs-at-25b-valuation/
