OKX Plans IPO in the US
Date: 2025-06-24 Author: Henry Casey Categories: BUSINESS
According to The Information, OKX management is considering the possibility of holding an initial public offering (IPO) in the US. This move logically continues the company's strategy to develop its business in the country. In April, OKX announced its expansion into the US. This followed the settlement of claims from the Department of Justice: in February, the exchange agreed to pay $ 500 million in a case of transferring funds without a license.
OKX has already opened a regional headquarters in San Jose, California, and appointed Roshan Robert, who previously held senior positions at Morgan Stanley and Barclays, as its US CEO. Under his leadership, the company's headcount in the US has increased to 500 people working in San Francisco, New York, and San Jose. In an interview with The Block, Robert said that OKX plans to create a super app for crypto services in the American market.
OKX isn’t the only one preparing for a US listing. This month, Bullish, which counts Peter Thiel among its investors, filed for an IPO confidentially. Coinbase previously listed its shares on the exchange in 2021. In June, Circle, a Coinbase partner and issuer of the USDC stablecoin, joined the ranks of public companies, trading under the ticker CRCL.
OKX is also actively engaging with US authorities: in June, the exchange helped the US Secret Service seize $225 million in USDT stablecoins linked to fraud. In addition, the company is expanding its international presence, having recently launched regulated platforms in Germany and Poland. However, some markets are experiencing difficulties: in Thailand, the regulator ordered the blocking of OKX and several other platforms’ websites as part of the fight against money laundering.
An IPO in the US could be an important step for OKX to strengthen investor confidence and expand its business in one of the world’s key jurisdictions.
