Andrew Cuomo, who lost a 2025 run for New York City mayor to Zohran Mamdani, will co-chair a venture by ICE and OKX focused on crypto futures and tokenized equities.

“This blockchain has potential that we have not even realized,” said Cuomo, who has advised OKX since 2023.

ICE and OKX have formed a 50-50 joint venture focused on building infrastructure for tokenized and digitally native financial products.