NYSE Owner ICE Brings Perpetual Oil Futures to OKX as Iran War Drives Demand

Lockridge Okoth

(03:13 PM UTC)

1 min read

NYSE parent Intercontinental Exchange (ICE) and crypto exchange OKX announced plans to launch perpetual oil futures tied to Brent and WTI benchmarks. The contracts will never expire and will roll out where OKX holds licenses to offer perpetuals.

The product is the first joint launch since the March investment, which valued OKX at $25 billion. The Iran war has kept oil prices elevated and…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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