Highlights
Amid growing interest in public listings by digital asset firms, crypto exchange OKX is reportedly preparing for a potential U.S. stock market debut. Riding on the successful Circle IPO, the exchange will join the likes of Gemini, which is also working on a similar US listing.
Following its $500 million settlement with the US Justice Department earlier this year, OKX has re-emerged as a strong player and has been working on US expansion ever since April 2025. The exchange is aiming to enter Wall Street, drawing a leaf from the successful Circle IPO earlier this month.
During his recent interview with The Information, OKX’s Chief Marketing Officer Haider Rafique said that the exchange is open to the idea of a future IPO, adding that if it chooses to go public, the listing would “likely be in the U.S.”
The outlet also noted that the ongoing crypto rally is making waves, not just in digital assets but also in the stock market. From IPOs to crypto-linked treasury stocks, the momentum has led to valuations that are surprising even industry insiders.
Furthermore, with the improving crypto regulatory environment under the Trump administration, crypto firms are now eyeing big Wall Street money. As a result, crypto exchange Gemini has also submitted S1 filing to the U.S. Securities and Exchange Commission (SEC), for listing on the NYSE exchange.
Just as crypto exchange OKX established its regional headquarters in San Jose, California, the company’s newly appointed CEO Roshan Robert called it an effort to expand access to digital assets “in a secure, transparent, and compliant manner”. The exchange is also doubling down on its efforts by hiring 500 employees across New York, San Francisco, and San Jose. Robert noted:
“The U.S. is no longer what you would consider as an impossible market. It’s an untapped opportunity if approached in the right manner.”
Robert also said that the team aims to develop a “super app” in the U.S., adding, “Our long-term vision is to become a category-defining super app, and we intend to steadily work toward that goal.”
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