OKEx’s COO Resigns to Launch Blockchain Consultancy Firm

07 Jan, 2020 Updated 17 Mar, 2026

By Achal Arya

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Achal Arya is a digital product designer and an entrepreneur. He did his masters degree in design from IIT Hyderabad and has a bachelors degree in Computer Science. He works in the Web3 domain and manages new developments at CoinGape. Follow him on X at @arya_achal or reach him at achal[at]coingape.com.

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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

The entrepreneur is committed to helping projects connect to markets and drive mass crypto adoption.

Andy Cheung has resigned as the COO of OKEx, a world-leading cryptocurrency exchange, to start a new blockchain consultancy institute, BitWork. With a team of experienced blockchain experts, BitWork offers exchange partnerships, advisory, marketing management, branding, and public relations, fundraising, and event management services to cryptocurrency and blockchain projects.

“My goal is to drive mass cryptocurrency adoption. But my contribution can be very limited in a cryptocurrency exchange. I decided, and we agreed amicably, that I can better achieve my goals with a new venture. Still, it’s been an absolute pleasure to have served OKEx.” said Andy Cheung.

“The question I was always asked in OKEx was: How can my project get listed on your exchange? Like CZ (CEO of Binance) and a few more leaders in the industry, we always tell the teams that project quality is the key.”

“But how to improve the quality of a project? What do the markets need? BitWork will help answer and provide solutions to these questions. By helping more projects to get exposure and connecting them to different markets, we strive to facilitate mass crypto adoption.”

Led by Andy Cheung, BitWork launched and operates in Hong Kong. The startup is formed by a team of experienced blockchain experts from different cryptocurrency exchanges. With a solid industry background, it provides bespoke consulting services to help cryptocurrency projects build and market their products – from exchange partnerships, advisory, marketing management, branding and public relations, fundraising, to event management services.

Mr Cheung had been serving OKEx as COO since its launching. He oversaw the entire operations, marketing, and public relations of OKEx. He was also named as top crypto influencer by media sites such as CoinTelegraph, CryptoSlate, Bitcoin Insider, and Block Journal.

Prior to OKEx, the seasoned entrepreneur started many businesses and forayed into many sectors. He had served as the CEO and a variety of important roles in Groupon Hong Kong, iClick Interactive, and Alibaba.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.