ICE Invests in OKX at $25B Valuation

Intercontinental Exchange (ICE) makes strategic investment in OKX

Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), has announced a strategic minority investment in the cryptocurrency exchange OKX, valuing the platform at $25 billion. This partnership marks a significant bridge between global traditional equity markets and digital asset infrastructure.

Beyond the capital injection, the collaboration involves a licensing agreement where ICE will integrate OKX’s real-time spot crypto price data into its own data services. Furthermore, the two entities plan to codevelop U.S.-regulated crypto futures and explore the tokenization of NYSE-listed stocks. This move signals ICE’s long-term commitment to blockchain technology and its vision of distributing traditional financial instruments to OKX’s massive global user base through innovative digital wrappers.

See press release: https://ir.theice.com/press/news-details/2026/ICE-Makes-Investment-in-OKX-Establishing-Strategic-Relationship/

Kraken gains Fed master account access

Kraken Financial, the Wyoming-chartered Special Purpose Depository Institution (SPDI) arm of the Kraken exchange, has achieved a regulatory milestone by securing a Federal Reserve master account. Granted by the Federal Reserve Bank of Kansas City, this approval makes Kraken the first crypto-native firm to gain direct access to the U.S. central bank’s core payment rails, including Fedwire.

Previously, crypto firms had to rely on intermediary commercial banks for fiat settlement, which introduced counterparty risk and delays. With a master account, Kraken can now settle transactions directly with the Fed, significantly enhancing its operational efficiency and reducing costs for institutional clients. While the approval has drawn scrutiny from traditional banking groups concerned about "limitedpurpose" charters, it represents a pivotal step toward the full integration of digital asset banks into the national financial system.

See announcement: https://blog.kraken.com/news/federal-reserve-master-account

Coinbase launches 24/5 stock and ETF trading in US

Coinbase has officially launched stock and ETF trading for all eligible U.S. customers, marking its transition from a pure-play crypto exchange to a comprehensive "everything exchange." Through its subsidiary, Coinbase Capital Markets, the platform now offers commission-free trading for over 8,000 U.S.-listed securities. A key feature of the rollout is the introduction of 24/5 trading, allowing users to trade equities around the clock, mirroring the continuous nature of the crypto markets. To facilitate asset discovery, Coinbase has also partnered with Yahoo Finance to integrate real-time market news and analysis directly into the app. This expansion places Coinbase in direct competition with traditional retail brokerages like Robinhood, as it aims to become a unified financial hub where users can manage their crypto, stocks, and ETFs in a single, seamless interface.

See announcement: https://www.coinbase.com/blog/coinbase-opens-stock-trading-to-everyone-in-the-us-partners-with-yahoo-finance-to-power-discovery

About 1Token:

1Token is a digital asset investment management platform providing Crypto PMS, RMS, and Portfolio Accounting Software, managing over $20 billion in assets for more than 80 clients worldwide.

All-in-one support designed for allocators, portfolio managers, treasury managers and fund operations and accountants, seeking transparency and control.

• Front office (portfolio managers and traders) to view live position and exposure, calculate trading PnL and historical performance.
• Middle office (ops and risk) to maintain portfolios and API accounts, book OTC trades, monitor risk metrics and analyze VaR/STV, generate shadow NAV with investor subscription/redemption/dividend.
• Back office (admin and auditors) to collect and reconcile trades, generate valuation and PnL reporting under FIFO/WAC tax strategy.