Intercontinental Exchange and OKX announced Friday they will launch perpetual futures contracts tied to Brent and WTI oil benchmarks. The products will be available to OKX users in licensed jurisdictions.
Intercontinental Exchange Inc., owner of the New York Stock Exchange, and crypto exchange OKX said they are joining forces to offer the new contracts. The perpetual futures will use ICE benchmark prices for Brent crude and West Texas Intermediate crude oil. They will be offered where OKX holds licenses for such products, giving its 120 million users access to the instruments.
