OKX Exchange Plans US Public Offering Months After Settling DOJ Legal Challenges ⋆ ZyCrypto
The post OKX Exchange Plans US Public Offering Months After Settling DOJ Legal Challenges ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
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  OKX, a crypto exchange, plans to launch an Initial Public Offering (IPO) to enter the US market as a public company. Just two months prior, OKX settled all of its lawsuits with US authorities and is already starting to relaunch its crypto operations in the US market. OKX is excited to make a quick turnaround from being accused of regulatory violations to being accepted again by investors. OKX agreed with the Department of Justice (DOJ) to pay a settlement of $504 million in penalties. Crypto journalist Yueqi Yang wrote on X that OKX, one of the top three global crypto exchanges, “will consider an IPO in the U.S. after relaunching in the U.S. 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.” US authorities allowed OKX exchange to continue operations in America after the company agreed to restructure its policies to comply with regulations, including a settlement payment of $504 million to the DOJ. OKX officially re-entered the US market in April 2025. US shareholders will now be able to access a crypto ecosystem with one of the world’s biggest user bases. An IPO further aligns OKX with strict regulatory requirements, instilling trust in traditional investors. The move may further introduce investors to cryptocurrencies and raise awareness of blockchain business models. The Trump administration has encouraged crypto businesses to relocate to America. Crypto-based IPOs have become a new craze in the business world, alongside Bitcoin treasuries. OKX has shown various initiatives to prove its long-term interest in the US market, including opening a regional department in San Jose, California. Roshan Robert, US CEO of OKX, has been appointed head strategist to lead the crypto operations…
Filed under: News - @ June 23, 2025 1:24 pm