ICE and OKX said they will launch perpetual futures on OKX tied to ICE Brent and WTI crude benchmarks, extending the exchange’s commodity-perpetual product line into traditional energy markets.
ICE and OKX said they plan to launch perpetual futures on OKX tied to ICE Brent Crude and WTI Crude benchmarks, bringing traditional oil pricing deeper into a crypto trading venue.
The companies said the contracts will be available only in jurisdictions where OKX is licensed to offer perpetual futures. ICE said its Brent and WTI futures prices will underpin the new products.
The announcement extends OKX’s commodity-perpetual line beyond crypto-linked products. OKX already documents commodity perpetuals, including crude-oil-linked contracts that use futures-based benchmarks.
The move also follows a broader relationship between the two companies. ICE announced a strategic investment in OKX in March, setting up a collaboration that preceded the oil-benchmark launch.
The latest announcement was published on May 22, 2026. OKX and ICE have not yet disclosed a full launch schedule, jurisdiction list or contract symbols in the material reviewed.
Why it matters
The deal is another sign that crypto venues are borrowing from traditional market structure while legacy financial firms continue to test distribution through digital-asset platforms. If launched as planned, the contracts would give OKX users access to oil exposure linked to two of the most closely watched global crude benchmarks.
Revision note
Initial automated publication.