OKX and ICE are bringing 'never-expiring' oil futures to 120 million crypto users
CoinDesk
OKX and Intercontinental Exchange are partnering to offer perpetual oil futures to global retail crypto traders using ICE price benchmarks.Summary
OKX and the Intercontinental Exchange (ICE) have announced a partnership to launch perpetual oil futures, allowing OKX's 120 million users to trade contracts based on Brent crude and West Texas Intermediate benchmarks. These 'never-expiring' derivatives enable traders to speculate on oil prices without the need for physical settlement or contract rollovers. This initiative builds on a broader strategic collaboration between the two firms, aiming to bridge traditional financial markets with digital asset platforms.
(Source：CoinDesk)