Former New York Governor Andrew Cuomo joins OKX's board, formalizing a role that includes co-chairing the exchange's ICE joint venture for tokenized stocks and futures.
Alpha Score of 52 reflects moderate overall profile with moderate momentum, poor value, moderate quality, moderate sentiment.
Andrew M. Cuomo, the former New York governor, joined OKX's board of directors on July 20, formalizing an advisory role he held since 2023. CEO Star Xu announced the move on X, writing that Cuomo "has been a thoughtful voice for OKX for years."
The board seat converts Cuomo's multi-year counseling on U.S. regulatory and institutional strategy into a governance position. Xu said the exchange needs people who "understand how governments, institutions and markets actually think" as it builds toward becoming infrastructure for both traditional and digital finance.
Cuomo served as New York's 56th governor from 2011 to 2021, previously as state attorney general and as U.S. secretary of Housing and Urban Development under President Bill Clinton.
In June, OKX and Intercontinental Exchange (ICE), which owns the New York Stock Exchange, announced a 50-50 joint venture called OKXICE to tokenize NYSE-listed stocks and ICE futures contracts. Cuomo co-chairs that venture alongside Trabue Bland, ICE's senior vice president of futures exchanges.
OKXICE plans to register as a U.S. broker-dealer and futures commission merchant, pending regulatory approval. If cleared, OKX's 120 million users would gain access to tokenized versions of NYSE equities and ICE futures. ICE made an investment in OKX in March that valued the exchange at roughly $25 billion, with the stake worth about $200 million, according to Bloomberg.
Cuomo told reporters in June that the venture "is not about crypto. This is about blockchain and financial technology, and applying blockchain to other assets."
His appointment comes after OKX resolved a U.S. Department of Justice investigation in 2025 by pleading guilty to anti-money-laundering violations and paying more than $500 million. The exchange then relaunched its U.S. operations. Cuomo's presence on the board, despite his own controversies – he left the governorship amid sexual harassment allegations he has denied – gives OKX a prominent political figure as it pushes into regulated U.S. markets.
Cuomo recently ran for New York City mayor in 2025 but lost to Zohran Mamdani. He has said he will focus on the OKX venture and advising nonprofits, adding "never say never" when asked about another run for office.
OKX now holds licenses across the U.S., the UAE, the European Economic Area, Singapore, and Australia, and publishes monthly proof-of-reserves reports.
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