NYSE Owner Intercontinental Exchange Invests In OKX At $25B Valuation, Token Spikes 50%
Intercontinental Exchange Inc (NYSE:ICE) has taken a stake in crypto exchange OKX at a $25 billion valuation and will take a board seat, the companies announced Thursday. OKX’s native token OKB spiked roughly 50% on the news, surging from around $78 to $120 before quickly reversing back toward $92.