Cryptocurrency exchange OKX and Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, announced that former New York Governor Andrew Cuomo will co-lead a joint venture focused on digital assets.
In a Monday notice, OKX and ICE said Cuomo, who lost his bid for mayor of New York in 2025, would co-chair the joint project between the two companies “focused on building next-generation infrastructure for tokenized and digitally native financial products.” The venture, which the companies said would allow OKX users “to access the ICE futures and NYSE tokenized equity markets,” is subject to regulatory approval.
Cuomo has largely been out of the public eye since his failed 2025 mayoral run, during which he said he intended to make New York the “cryptocurrency capital of the world.” He gained support from the crypto-aligned Innovate NY political action committee (PAC) but lost to Democratic candidate Zohran Mamdani, who received more than 50% of the vote. The former governor started working with OKX in 2023.
The joint venture notice follows a partnership between ICE and OKX announced in March in which the former invested an undisclosed amount on the stock market at a valuation of $25 billion. ICE’s plans in the crypto industry too included a $2 billion investment pledge in the Polymarket prediction market platform.
Related: NYSE owner ICE to launch oil futures with OKX
Since taking office on January 1, Mamdani has not announced any significant policies related to crypto or blockchain. He confirmed in January that he held no digital assets as mayor of New York.
New York will hold party primaries on Tuesday
On Tuesday, New York, Utah and Maryland will hold primaries to determine candidates for U.S. House and Senate seats in the November general election. Cryptocurrency-aligned PACs, including Fairshake, have invested money in advertising and other campaign efforts to support candidates they view as friendly to the digital asset sector.
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