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Key Takeaways
- ICE invested in OKX at a $25 billion valuation in March 2026.
- The partnership gives OKX’s 120 million users access to ICE’s regulated Brent and WTI oil benchmarks.
- Perpetual futures trade 24/7, eliminating the weekend gap-risk that plagues traditional oil markets.
- The RWA tokenization market is projected to reach $16-18 trillion by the early 2030s, with commodities as a primary driver.
Intercontinental Exchange, the company behind the New York Stock Exchange, and crypto exchange OKX announced Friday the launch of perpetual oil futures based on ICE’s Brent crude and West Texas Intermediate benchmark prices. The contracts have no expiration date and will be available to OKX’s 120 million retail users across jurisdictions where the platform holds the required regulatory licenses.
In March 2026, ICE made a strategic equity investment in OKX valuing the exchange at $25 billion and securing a se...
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