OKX, the Seychelles-based crypto exchange and Web3 tech company, announced on 16 April 2025, its official launch in the US. Residents in the US will soon have access to OKX’s centralised trading platform and Web3 wallet.
OKX will be pushing new features throughout the year as a part of its effort to create a crypto super app. Through its expansion in the US, OKX will seamlessly transition existing OkCoin customers over to its platform. By undertaking this expansion, OKX aims to provide its customers with an enhanced experience, with access to greater liquidity, advanced trading solutions, and lower fees.
Bringing a New Alternative to America
We’re officially launching in the US with our centralized exchange & powerful multi-chain Web3 Wallet.
Roshan Robert will lead our expansion as US CEO, and our headquarters will be in San Jose, California.
More:… pic.twitter.com/VaACoqIydn
— OKX (@okx) April 16, 2025
With more than $2.4 billion in daily trading volume, OKX is presently the third-largest spot exchange platform. To lead its US expansion, the company intends to open a regional headquarters in San Jose, California.
While the company plans a nationwide launch later this year, OKX has started a phased rollout to onboard new customers in a safe and seamless manner.
Explore: Best Meme Coin ICOs to Invest in March 2025
OKX to Implement an International Compliance Program with Enhanced Due Diligence
Robert states that OKX’s expansion into the world’s largest financial market is in line with the company’s vision to have a safe, intuitive, secure, and friendly platform for both new and experienced traders.
This comes after an OKX subsidiary settled with the Department of Justice (DOJ) in February 2025, agreeing to pay $500 million in fines for operating in the US without a money transmitting license.
In addition to its expansion in the US, OKX is also making big moves in the Middle East. On 10th April, 2025, the company announced a collateral mirroring program in partnership with Standard Chartered.
Through this program, institutional clients can use cryptocurrency and tokenised money market funds as trading collateral without moving assets to the exchange. This pilot program was created under the Dubai Virtual Asset Regulatory Authority (VARA) framework.
It keeps assets with a regulated custodian, improving capital efficiency and reducing counterparty risks. Furthermore, Franklin Templeton is a participant in this project and will offer tokenised money market funds. Its on-chain products will be made available on OKX’s platform.
Meanwhile, asset manager Brevan Howard Digital is among the first institutional participants in this pilot project.
Explore: 9+ Best High-Risk, High–Reward Crypto to Buy in April 2025
Roshan Robert Appointed As CEO Of US Operations
Ex-Hidden Road partner Roshan Robert has been named CEO of OKX’s operations in the US. He has also served as the Hidden Road Group’s COO and CCO. In the announcement made on Wednesday, Robert said that he was eager to “broaden access to digital assets in a secure, transparent, and compliant way.”
He added, “We’re beginning with a phased rollout for new customers to ensure a smooth and secure onboarding process, with a broader nationwide launch planned later this year.”
The OKX wallet supports more than 130 blockchains and has five trading modes, making it a platform accessible to traders of all levels in the crypto market. It has a Decentralised Exchange (DEX) aggregator that exposes investors to a large collection of more than 10 million tokens on trusted and established chains like Ethereum, Solana, Base, etc. Moreover, the wallet comes with an AI-based Web3 navigation feature designed to make research easier, as well as being able to assist people in identifying trending tokens with ease.
American citizens can now buy and sell popular cryptocurrencies like Bitcoin, USDT, and USDC while maintaining a traditional finance link with crypto through smooth integrations with local bank accounts.
Explore: The 12+ Hottest Crypto Presales to Buy Right Now
Key Takeaways
- Roshan Robert, appointed CEO of OKX’s U.S. operations, has also served as Hidden Road Group’s COO and CCO.
- OKX has chosen San Jose, California, as its new headquarters in the US.
- OKX relaunch in the US follows a $500m settlement with the US DOJ
The post OKX Officially Reboots In the US appeared first on 99Bitcoins.
