Intercontinental Exchange and OKX are partnering to introduce perpetual oil futures on the crypto exchange’s derivatives platform, using ICE Brent and WTI benchmarks. ICE will provide regulated futures prices for Brent crude and West Texas Intermediate, while OKX will handle the perpetual structure, crypto margin, and user distribution. The initiative aims to blur the lines between traditional commodities and crypto derivatives, with the potential for global impact on market integrity and surveillance.
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