OKX and ICE Form U.S.-Licensed Joint Venture
CW26 OKX and ICE formed a 50-50 U.S.-licensed joint venture to connect crypto and traditional markets. Hyperliquid responded to its inclusion on Singapore's Investor Alert List. Meanwhile, Binance said it will remain in Europe while pursuing a new MiCA license.
OKX and ICE form 50-50 joint venture as US-licensed broker
OKX and Intercontinental Exchange (ICE) have formed a 50-50 joint venture that will operate as a U.S.-licensed Futures Commission Merchant (FCM). The partnership aims to connect OKX's 120 million global users with ICE's futures markets and the New York Stock Exchange's tokenized stock offerings.
This marks a significant step for OKX in gaining regulated access to U.S. financial markets. ICE, which owns the NYSE, brings its established infrastructure and regulatory credentials to the venture. The joint venture structure allows both parties to equally share control and profits while complying with U.S. regulations.
For users, this means access to traditional futures products and tokenized stocks through OKX's platform, potentially bridging the gap between crypto and conventional finance. The move reflects growing institutional interest in combining crypto infrastructure with regulated market access.
See announcement: https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-06-22-2026/card/ice-okx-form-crypto-joint-venture-WdVisQymuYen7EuYJSKx
Hyperliquid responds to Singapore MAS investor alert list
Hyperliquid has responded to being added to the Monetary Authority of Singapore's (MAS) Investor Alert List (IAL), clarifying that the action does not constitute a ban, enforcement measure, or determination of non-compliance. The IAL serves purely to inform the public that the entity is not licensed or regulated by MAS, preventing potential confusion.
Hyperliquid acknowledged it has never claimed to be MAS-authorized. As permissionless on-chain infrastructure, the platform ensures users maintain self-custody of their assets at all times, with network operations continuing unchanged. The company reiterated its commitment to collaborating with global regulators and institutions to support the development of comprehensive on-chain financial regulatory frameworks.
Binance will not exit Europe, seeks new MiCA license path
Binance's Europe and UK head Gillian Lynch confirmed the exchange will not leave the European market despite its MiCA license application in Greece facing setbacks. "If not Greece, I'm looking at other alternatives," Lynch stated, revealing Binance has engaged with regulators in Ireland, Latvia, and Greece but encountered resistance over past anti-money laundering penalties, complex corporate structure, and perceived high-risk culture.
Binance has withdrawn its Greek application and will seek authorization in another EU member state, though the specific country remains undisclosed. The company has invested heavily in compliance, now employing approximately 1,500 compliance staff. According to FT, Binance has notified EU customers it will cease services from next week due to lacking MiCA authorization, with the July 1 deadline approaching for mandatory licensing. The exchange assured users that assets remain secure and accessible, with direct notifications being sent regarding next steps.
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 100 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.
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