OKX, a global leader in cryptocurrency trading, has officially entered the United States market, introducing a centralized exchange and Web3 wallet services. This strategic expansion, announced today, marks a significant step in OKX’s global growth. It positions OKX to deliver secure, innovative crypto solutions to American users amid changing regulatory frameworks.
The U.S. Market Welcomes OKX
OKX officially launched its centralized exchange and Web3 wallet in the U.S., targeting existing OKCoin customers and new users. The exchange offers high-performance trading with low fees, deep liquidity, and seamless USD fiat on-ramps, and it will be accessible initially in 41 states. Existing OKCoin customers will transition to the OKX platform, and a phased rollout is planned for a nationwide launch later this year.
The Web3 wallet, supporting over 130 blockchains, enables users to swap tokens, explore NFTs, and access decentralized applications (DApps) through a user-friendly mobile app or browser extension. OKX has established its U.S. headquarters in San Jose, leveraging Silicon Valley’s innovation ecosystem to recruit talent and drive product development.
Roshan Robert, well-versed in capital markets and regulatory compliance, leads OKX’s U.S. operations, emphasizing secure and compliant solutions. Monthly proof-of-reserves reports, verified by blockchain security firm Hacken, underscore OKX’s commitment to transparency.
OKX’s Stand Amid Challenges
OKX’s U.S. debut follows a $505 million settlement with the U.S. Department of Justice in February 2025, addressing violations of anti-money laundering laws. Additionally, European regulators are investigating OKX for allegedly facilitating the laundering of proceeds from a $1.5 billion Bybit heist.
In March 2025, OKX suspended its decentralized exchange aggregator service after detecting an attempted attack by North Korea’s Lazarus Group, highlighting ongoing security challenges. OKX became the first crypto exchange to secure pre-authorization under the European Union’s Markets in Crypto-Assets (MiCA) framework, paving the way for regulated crypto products across 28 EEA regions.
The recent developments have likely enhanced OKX’s global regulatory standing as it strives to provide secure, compliant, and user-focused services. This reinforces the company’s dedication to regulatory excellence and technological innovation within the world’s largest financial market.
