Cryptocurrency trade OKX and the Intercontinental Trade (ICE), dad or mum firm of the New York Inventory Trade, introduced that former New York Governor Andrew Cuomo would co-lead a three way partnership centered on digital property.
In a Monday discover, OKX and ICE stated Cuomo, who misplaced his bid to be New York Metropolis’s mayor in 2025, would co-chair the joint challenge between the 2 firms “centered on constructing next-generation infrastructure for tokenized and digitally native monetary merchandise.” The enterprise, which the businesses stated would enable OKX customers to “entry ICE futures and NYSE tokenized equities markets,” is topic to regulatory approval.
Cuomo has largely been out of the general public eye since his failed 2025 mayoral run, wherein he stated he supposed to make New York Metropolis the “world capital for cryptocurrency.” He had the endorsement of the crypto-aligned Innovate NY political motion committee (PAC), however misplaced to Democratic candidate Zohran Mamdani, who secured greater than 50% of the vote. The previous governor started working with OKX in 2023.
The three way partnership discover adopted a partnership between ICE and OKX introduced in March wherein the previous invested an undisclosed quantity within the trade at a $25 billion valuation. ICE’s ventures into the crypto trade additionally included a $2 billion funding pledge into prediction markets platform Polymarket.
Associated: NYSE proprietor ICE to launch oil-linked futures with OKX
Since taking workplace on Jan. 1, Mamdani has not introduced any important insurance policies associated to crypto or blockchain. He confirmed in January that he holds no digital property as New York Metropolis mayor.
New York to carry get together primaries on Tuesday
On Tuesday, New York, Utah and Maryland will maintain primaries to find out candidates for US Home of Representatives and Senate seats within the November common election. Cryptocurrency-aligned PACs, together with Fairshake, have poured cash into promoting and different marketing campaign efforts to help candidates they view as favorable to the digital asset trade.
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