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Bankless · Tuesday, July 7, 2026

Intercontinental Exchange backs OKEx for tokenized stock and derivatives trading

OKEx has received backing from Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, with a $25 billion valuation. The partnership aims to launch tokenized NYSE stocks and derivatives on OKEx, integrating traditional finance (TradFi) and decentralized finance (DeFi) within a single application.

companyIntercontinental ExchangecompanyNew York Stock ExchangecompanyOKEx

The tape

2 quotes
Did you know the Intercontinental Exchange, the parent company of the New York Stock Exchange, backed OKEx at a $25 billion valuation with a plan to launch tokenized New York Stock Exchange stocks and derivatives later this year on OKEx?
Ryan
This is TradFi and DeFi in the same app, trusted by over 120 million users today. globally.
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Heard on Bankless — “How Hyperliquid Becomes the Backend for ALL of Finance | Tushar Jain, published Tuesday, July 7, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via publisher transcript · $0.00
Intercontinental Exchange backs OKEx for tokenized stock and derivatives trading — Heardvine