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Intercontinental Exchange, NYSE parent, makes strategic investment in OKX at $25B valuation

Intercontinental Exchange, the parent company of the New York Stock Exchange (@NYSE), has reportedly taken a strategic stake in crypto exchange @OKX at a $25B valuation, according to the original report. The transaction links the operator of one of the world's most prominent stock exchanges with a major global digital asset trading platform. The report described this move as the deepest level of institutional backing by traditional financial infrastructure for a large cryptocurrency exchange so far.
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