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OKB token rises 40% after investing on OKX exchange
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Crypto Prune > Market > OKB token rises 40% after investing on OKX exchange
Market

OKB token rises 40% after investing on OKX exchange

24 minutes ago 2 Min Read

On March 5, 2026, Intercontinental Exchange (ICE), the financial group that operates markets such as the New York Stock Exchange (NYSE), announced a strategic investment in OKX and the start of a broad partnership.

According to the statement: This operation will value OKX at USD 25 billion.although the terms were not disclosed. ICE will also join OKX’s board of directors.

The agreement includes plans to: ICE licenses OKX Spot Price to launch crypto futures contracts in the US Institutionally focused and regulated.

in parallel, OKX Evaluates – Subject to Regulatory Approvals – Provides Access to US ICE Futures and “Tokenized Stocks” From the NYSE to a global footprint of over 120 million accounts.

“Our strategic relationship with OK will accelerate our plans to provide on-chain infrastructure and tokenized assets to U.S. investors,” said Jeffrey C. Sprecher, President and CEO of ICE.

Star Xu, founder and CEO of OKX, said the partnership will “help create a more reliable market structure that connects digital assets and stocks and meets institutional standards.”

ICE has disclosed that its minority stake in OKX is not expected to have a material impact on its 2026 results.

Following this announcement, The price of OKB, a utility token on the OKX exchange, has risen almost vertically in the past 24 hours.reaching 40% at the highest point, as seen in the image below.

Within the OKX platform, this token is, among other things, Discounted fees, join and stake on Launchpad To get a return.

See also  London-listed crypto company Vinanz has secured $4 million in support for US Bitcoin Push and dual listing plans
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