OKX Expands US Operations, Appoints New CEO for Responsible Growth

OKX, the world’s sixth-largest crypto exchange by daily trading volume, has officially launched its centralized exchange and web3 wallet in the United States. This move marks a significant expansion for the Seychelles-based firm, which has set up its new headquarters in San Jose, California. The launch enables existing OKcoin customers to migrate to the OKX platform, although new user registration will not be available until later this year. This measured rollout is designed to ensure a secure onboarding process for customers.

As part of its US strategy, OKX has appointed Roshan Robert, former director of Barclays Investment Bank, as the new US CEO. Robert emphasized the importance of "responsible growth" in the face of the evolving regulatory environment. He stated, “This expansion in the United States is not only the expansion of the business map, but also a solemn commitment to ‘responsible growth’. In the face of the evolving regulatory environment, we are working closely with regulators and policymakers to ensure sound operation on a transparent and compliant basis.”

By establishing its headquarters in San Jose, OKX positions itself at the heart of Silicon Valley’s innovation system. This strategic move is aimed at strengthening the exchange’s regional operations, enabling it to recruit top-tier talent, foster cutting-edge product development, and expand its presence in the world’s largest financial market. The exchange’s commitment to responsible growth and compliance with regulatory standards is a key factor in its expansion strategy.