OKX crypto exchange considering US IPO after local relaunch: Report

OKX’s reported US IPO comes as the exchange faces regulatory pressures in Asia.

Major global cryptocurrency exchange OKX is reportedly considering a public listing in the United States following its relaunch in the country.

OKX is weighing an initial public offering (IPO) in the US, with a potential listing on a local exchange, The Information reported on Sunday. OKX resumed operations in the US in April.

“From IPOs to crypto treasury stocks, crypto is booming right now, but the rally is playing out in the stock market, at valuations that even surprised industry insiders,” the article’s author, Yueqi Yang, said in a post on X.

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