OKX Eyes United States Stock Market Debut In The Middle Of Global Regulatory Pressures
OKX is supposedly preparing for a U.S. public listing, just months after re-entering the American market. According to The Info, the global crypto exchange is checking out a going public on a US stock market following its April relaunch. The move begins the heels of a US$ 500M (AU$ 771.3 M) settlement with the Department of Justice […] The post OKX Eyes US Stock Exchange Launching In The Middle Of Global Regulatory Pressures appeared first on Crypto News Australia.
OKX is reportedly planning a U.S. IPO following its April relaunch and a $500M DOJ settlement, which cleared regulative obstacles tied to unlicensed operations.The exchange joins a rising wave of crypto firms eyeing public listings in 2025, consisting of Bullish and Circle, in the middle of growing institutional backing and clearer regulative paths.With enhanced compliance and licenses, firms like OKX are positioning 2025 as the year crypto relocations from the sidelines to the heart of Wall Street.OKX is apparently preparing for a U.S. public listing, just months after returning to the American market.According to The Details, the global crypto exchange is checking out an initial public offering on an US stock exchange following its April relaunch. The relocation comes on the heels of a US$ 500M (AU$ 771.3 M) settlement with the Department of Justice (DOJ) previously this year, which resolved charges connected to operating as an unlicensed money transmitter.Related: OKX and Consensys Join Forces to Raise Onchain Trading and User SafetyThe settlement cleared a major regulatory overhang, opening the door for OKX to restore its United States existence, and now, potentially, to tap United States capital markets after securing an EU license.More Crypto IPOsIf OKX continues with a listing, it would sign up with a growing wave of crypto companies eyeing US IPOs. With more firms targeting public capital markets, armed with licenses and compliance groups, 2025 might end up being the year crypto stopped knocking on Wall Street’s door, as Galaxy Digital’s CEO Michael Novogratz believes.More Pressure in the EastInterestingly enough, the IPO plans likewise come at the hills of mounting pressure in the Asian market, particularly in Thailand.As reported, OKX is amongst five crypto exchanges set to be obstructed in Thailand beginning June 28, 2025, after the nation’s regulative agency found they were running without proper licenses.
