The OKB token on the OKX cryptocurrency exchange has shown a sharp increase, rising in price by over 50% after the Intercontinental Exchange (ICE) invested in the platform. The valuation of OKX during the deal was approximately $25 billion.
This is reported by Business • Media
Key Details of the Investment and Collaboration
It is known that Intercontinental Exchange, one of the leading financial corporations in the world, has secured a seat on the board of directors of OKX as part of this investment. However, OKX representative Haider Rafiq declined to disclose the details of the investment amount and other terms of the deal. According to him, the collaboration is not limited to financial support: as part of the partnership, OKX will provide ICE with real-time data on cryptocurrency prices traded on the exchange.
“The collaboration between the parties is not limited to financial investments. According to Rafiq, OKX will provide ICE with a stream of real-time data on cryptocurrency prices traded on the platform.”
Thanks to this agreement, the market capitalization of OKB has risen to over $2.5 billion, as confirmed by data from CoinMarketCap. The OKB/USDT chart published on TradingView clearly shows a sharp increase in the token’s price.
Future Plans of OKX and Changes in Strategy
OKX has announced its intention to introduce the ability to trade tokenized stocks and derivatives listed on the New York Stock Exchange. The launch of this feature is scheduled for the second half of 2026. Tokenization will allow traditional financial assets to take the form of tokens on the blockchain and, as Rafiq notes, could significantly reduce transaction costs and enhance trading efficiency.
The partnership with ICE is part of a broader strategy for OKX — transforming from an offshore cryptocurrency exchange into a global trading hub that operates in compliance with U.S. regulatory requirements. As part of this process, the company plans to relocate up to 2,000 of its approximately 5,000 employees to the U.S., although specific timelines for implementation have not yet been provided.
Recall that in August 2025, OKX completed the upgrade of its X Layer network and changed the tokenomics of OKB, which also contributed to the asset’s price increase — at that time, it exceeded the $140 mark.
