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Reading: OKX to Launch Perpetual Futures Based on ICE’s Brent and WTI Crude Benchmarks
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OKX to Launch Perpetual Futures Based on ICE’s Brent and WTI Crude Benchmarks

News Desk
Last updated: May 26, 2026 11:58 pm
News Desk
Published: May 26, 2026
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OKX, a global blockchain technology and trading company, has announced its plans to introduce perpetual futures contracts tied to Brent Crude and WTI Crude oil through a partnership with the Intercontinental Exchange (ICE), a prominent provider of financial market technology and services. This initiative is aimed at enhancing access to global commodity markets, leveraging OKX’s digital asset infrastructure.

The new contracts are expected to be available for trading on OKX’s platform in regions where the company is licensed to offer perpetual futures products. This move represents a significant advancement in providing regulated access to essential energy markets, following the strategic relationship established between OKX and ICE in March 2026. ICE’s reputation is built on its operation of leading exchanges, clearing houses, and market data services across various asset classes.

Brent and WTI Crude are among the most referenced oil benchmarks worldwide, and they will underpin the newly launched perpetual contracts on OKX’s platform. Haider Rafique, Global Managing Partner at OKX, emphasized the vital role oil markets play in the global economy, noting that the introduction of these regulated perpetual futures represents a bridge between traditional and digital markets that traders have long sought. He expressed that this initiative gives retail traders the opportunity to access crucial energy benchmarks within a regulated environment.

Trabue Bland, Senior Vice President of Futures Exchanges at ICE, commented that these perpetual contracts allow OKX’s extensive customer base of over 120 million retail traders to access energy benchmark products that are deeply rooted in ICE’s transparent and liquid oil markets.

This launch comes amid growing global interest in tokenized finance, regulated derivatives, and real-world asset products. OKX aims to further its strategy of enhancing regulated infrastructure and developing products tailored for sustained engagement in global financial markets. The company is currently focusing on expanding its licensed market presence and institutional framework to connect digital assets with traditional finance.

OKX, headquartered in San Jose, California, operates a globally recognized crypto trading platform and is known for its efficiency and reliability in the finance sector. It has developed comprehensive regulatory compliant operations and holds licenses across several regions, including the United States, the UAE, and Australia. The company is committed to transparency and security, regularly publishing reports on its Proof of Reserves.

The Intercontinental Exchange, a Fortune 500 entity, facilitates various financial technology and data services that enhance market transparency and efficiency. Known for its exchange and clearing house operations, including the New York Stock Exchange, ICE connects its clients to vital workflow tools across major asset classes. Through this collaboration with OKX, both companies are set to further modernize access to significant energy markets while bridging the gap between traditional and digital finance.

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