The New York Stock Exchange owner is betting that tokenized finance needs a political fixer as much as it needs a tech stack
Intercontinental Exchange and OKX launched a 50-50 joint venture on June 22 to tokenize NYSE equities and offer crypto futures under a regulated US broker-dealer. Former New York Governor Andrew Cuomo, who previously advised OKX through a $504 million DOJ settlement, will co-chair the venture alongside ICE's futures chief Trabue Bland. The structure signals that regulatory navigation, not technology, is the real competitive moat in tokenized finance.