Global cryptocurrency firm OKX on June 23 officially announced the creation of a joint venture with Intercontinental Exchange, the parent of the New York Stock Exchange. The venture will build next-generation infrastructure for tokenised financial products and digital assets. It will be owned 50-50 and is to launch as a U.S.-registered broker-dealer and futures commission merchant after regulatory approval. OKX users in the United States and overseas will gain direct access to ICE futures and the NYSE tokenised stock market.

As hundreds of billions of dollars pour into AI infrastructure, financial markets are shifting and efforts are growing to financialise capital flowing into the sector. Products could emerge that allow trading of computing power costs, including futures tied to GPU rental prices. The Information reported that investment banks, exchanges and data providers are competing to make GPU rental rates an official tradable asset, with Goldman Sachs and JPMorgan exploring listings by year-end.