ICE and OKX Partner to Launch Crude Oil Perpetual Contracts

Odaily reported that Intercontinental Exchange is collaborating with cryptocurrency trading platform OKX to plan the launch of perpetual futures contracts linked to crude oil.

According to a joint statement, the price of ICE's Brent crude oil and WTI crude oil futures will serve as the pricing basis for these perpetual contracts. The product will be available in regions where OKX is licensed to offer perpetual contract trading. (Bloomberg)