Intercontinental Exchange said on Thursday it had acquired a stake in OKX in a deal that will see it launch US-regulated futures contracts tied to the exchange’s crypto prices. The size of ICE’s stake was not disclosed. Wall Street’s push into digital assets comes as traditional businesses seek to compete with crypto companies for trading in new markets and blockchain-based “tokenised” assets. Jeffrey Sprecher, chair and chief executive of ICE, said the deal will help “accelerate our plans to offer on-chain infrastructure and tokenised assets to US investors”.

https://www.ft.com/content/26417f8f-15cb-46b0-800e-a2cabf3e4891