OKX Relaunch US Subsidiary Following $500M Settlement with DOJ
OKX is expanding its US presence with a centralized exchange, Web3 wallet, new CEO Roshan Robert, and a focus on regulatory compliance and user empowerment.
OKX, a cryptocurrency exchange, is significantly amplifying its presence in the United States by introducing its centralized exchange and a sophisticated Web3 wallet.
Following this relaunch, we will appoint a new key leader who is strongly dedicated to the American market. OKX now allows customers in the United States to use its robust trading platform, and we will smoothly transfer current users over. New users will gain access bit by bit, leading to a full nationwide launch.
OKX Relaunch Strategy
As a key part of its overall US plan, OKX has named Roshan Robert the US CEO and opened its new regional office in San Jose, California. These important steps show OKX’s promise to provide safe, reliable, and new cryptocurrency solutions while also responding to changing US rules.
“With Roshan leading our US efforts and our new San Jose office as a center, we are strengthening OKX’s strong focus on following rules, responsible innovation, and hiring talented people,” said Hong Fang, Global President of OKX. “The US is a significant part of OKX’s global growth, and we are excited to keep growing our presence in the country.”
OKX’s launch of its US exchange is a key part of a new branding plan that makes it easy to move current OKcoin customers to the OKX platform.
US Users’ Advantages Following Relaunch
Furthermore, OKX is introducing a new self-custody wallet tailored for US users, empowering individuals with a secure and intuitive means to exercise complete control over their cryptocurrency holdings.
This wallet accommodates over 130 blockchains and incorporates integrated tools for token swaps, cross-chain asset transfers, NFT exploration, and access to popular Web3 applications—conveniently accessible through a single mobile application or browser extension.
OKX has a global record of reserves for all assets on our platform and regularly releases monthly reserve reports, which the security company Hacken checks. This makes our operations clear and increases trust in the safety of assets given to our exchange.
To lead its growth in the US, OKX has named Roshan Robert its US CEO. Mr. Robert has extensive experience in finance, following rules, and planning products. He will mainly work on actively engaging with regulators and encouraging responsible progress as OKX deals with the changing rules of the US cryptocurrency market.
“With the US making strides toward establishing greater regulatory clarity for cryptocurrencies, we recognize significant opportunities to cultivate trust and deliver secure, compliant digital asset solutions,” remarked Roshan Robert, OKX US CEO.
