Andrew Cuomo will co-chair a joint venture between OKX and Intercontinental Exchange, the parent of the New York Stock Exchange, the companies disclosed Monday. The former New York governor takes the role as ICE's strategic push into crypto markets reaches its highest-profile political appointment to date.
Cuomo will share the chair with Trabue Bland, ICE's senior vice president of futures exchanges, according to Bloomberg, which first reported the appointment. Cuomo has advised OKX on policy matters since 2022, including the exchange's response to a federal investigation that ended in a $504 million settlement with the Department of Justice in February 2025. OKX pleaded guilty to operating an unlicensed money-transmitting business.
The joint venture was first announced in March alongside ICE's $25 billion-valuation strategic investment in OKX. Its remit is bringing OKX's and ICE's markets together for US-based customers. ICE will license OKX's spot crypto prices to launch US-regulated crypto futures, and OKX will route its more than 120 million account holders to ICE's futures contracts and the New York Stock Exchange's planned tokenized-equities market, subject to regulatory approval.
