OKX, one of the world’s top three global crypto exchanges, is reportedly considering an initial public offering (IPO) in the United States after resuming operations in the region a few months ago.
OKX, one of the top three global crypto exchanges, will consider an IPO in the U.S., after relaunching in the U.S. in April.
From IPOs to crypto treasury stocks, crypto is booming right now, but the rally is playing out in the stock market, at valuations that even surprised…
— Yueqi Yang (@Yueqi_Yang) June 22, 2025
An IPO is a step towards becoming a publicly traded company. It occurs when a privately operated firm, such as OKX, issues stocks to the public for external investment. This process enables the company to raise capital from a large number of qualified individuals and institutional investors.
An Expansion to America, Germany, and Poland
In April 2025, the famous crypto platform started operations in the United States, introducing its centralized crypto exchange and Web3 wallet to interested American customers and crypto investors.
Notably, OKX’s 12-year-old platform, OKcoin, has been functional in the U.S. However, following the entry, OKcoin users would transition to the updated platform, OKX, and enjoy more advanced crypto trading services.
In a step towards expanding its presence in the European crypto ecosystem, the crypto exchange has recently entered Germany and Poland with its fully regulatory-compliant centralized crypto exchange. Although the process wasn’t easy, the exchange took the needed herculean steps to integrate into these pro-crypto countries.
Most of all, OKX obtained the European Union (EU) Markets in Crypto-Assets Regulation (MiCA) license. Thus, it can provide fully regulated crypto services to the over 400 million people that make up the 28 EU countries.
Thailand Dismisses OKX
Before its potential IPO notice, the crypto exchange has been facing an issue with the Thailand Securities and Exchange Commission (SEC). The agency noted last month that it’ll block OKX, Bybit, and several other firms from operating in its region as of June 28, 2025. It noted that it’s a crucial measure to protect crypto investors in the country and take action against illegal platforms that facilitate money laundering.
Meanwhile, the crypto exchange halted operations in Nigeria, the world’s second most crypto-enthusiastic country, citing regulatory compliance issues.