ICE, NYSE parent company, invests in OKX at $25B valuation and takes board seat

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has invested in OKX and secured a board seat following the investment at a $25B valuation. OKB, the exchange’s native token, surged approximately 23% following the announcement, adding roughly $640M in market value. The move signals institutional interest in the major cryptocurrency exchange.