Thirteen months ago, OKX paid $504M to the DOJ for running an unlicensed money-transmitting operation.

On March 10, the NYSE’s parent company ICE ($90B operator) handed them a board seat and a Wall Street halo in exchange for access to 120M users. [RELEASE]

On March 5, 2026, Intercontinental Exchange (ICE), operator of the NYSE, invested approximately $200M for a minority stake and board seat in OKX, valuing the crypto exchange at $25B.

The deal has three pillars: