OKX
$2.45B
As part of the relaunch, the company named Roshan Robert as the new CEO for its US branch.
In a statement posted on April 16, Robert confirmed the launch of OKX’s main exchange platform and its crypto wallet for American users. He also shared that OKX has set up a regional office in San Jose, California.
Did you know?
Subscribe – We publish new crypto explainer videos every week!
What Does Staking Mean in Crypto? (Easily Explained!)
OKX will bring the launch in stages, rather than opening the platform to everyone at once. A full nationwide rollout is expected later in 2025. Robert said this approach is meant to make the process safer and more stable for everyone involved.
OKX also plans to support direct connections with local banks, which will make it easier for users to deposit and withdraw funds. The platform will include support for cryptocurrencies like BTC
To build trust, OKX publishes monthly proof-of-reserve reports prepared by Hacken, a cybersecurity firm.
In addition to trading, US users will also get access to the OKX Wallet. This product works across 130 different blockchains and includes a feature that connects users to multiple decentralized exchanges (DEXs). That means users will be able to access over 10 million tokens across networks like Solana
Recently, the cryptocurrency exchange Kraken added US stocks and exchange-traded funds (ETFs) to its platform. What did co-CEO Arjun Sethi say about it? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
