Crypto Exchange OKX Plans to Go Public in the US: Report

In brief

  • The potential IPO aligns with a broader resurgence of crypto IPO activity, spurred by Circle’s successful public debut.
  • Several crypto firms are also preparing for public listings, driven by improving regulatory conditions and strong investor demand.
  • OKX was relaunched in the country in April, hiring Roshan Robert as U.S. CEO.

Crypto exchange OKX is reportedly exploring an initial public offering in the U.S., months after establishing a U.S. arm and agreeing to settle half a billion dollars with the Department of Justice over alleged money transmission violations.

The exchange would “absolutely consider an IPO in the future,” and if it does go public, it would “likely be in the U.S.,” Haider Rafique, chief marketing officer at…

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