OKX Plans U.S. IPO After $500M Settlement

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OKX, one of the world’s top cryptocurrency exchanges, is back in the headlines — this time with rumors of a U.S. IPO that’s lighting up the crypto market.

The speculation has already sparked a rally in OKB, the native token of the exchange, which surged 5.1% in the past 24 hours and 3.1% over the past week.

This news comes just months after OKX settled with U.S. regulators and officially reentered the American market, marking a bold new chapter in its global expansion.

OKX Eyes Wall Street? IPO Rumors Fuel Market Excitement

OKX has a 24-hour trading volume of $3.4 billion and enjoys a perfect trust score of 10/10. While the exchange hasn’t officially confirmed the IPO, industry insiders say preparations are underway.

The buzz alone has been enough to shake up the market, especially as OKX positions itself to follow in the footsteps of other major crypto firms like Circle and Gemini.

OKX Returns to U.S. After $500M Legal Settlement

OKX was previously forced out of the U.S. after operating without a license and violating anti-money laundering laws. Between 2018 and early 2024, it facilitated over $1 trillion in unregistered transactions for U.S. users.

In February 2025, the exchange reached a historic $500 million+ settlement with the U.S. Department of Justice, pleading guilty and agreeing to strict oversight.

By April 2025, OKX had relaunched in the U.S., offering a centralized exchange and Web3 wallet, signaling a major comeback.

OKX’s U.S. Comeback: New HQ, New CEO, New Strategy

To solidify its U.S. presence, OKX opened a headquarters in San Jose, California, and appointed Roshan Robert, a former Barclays executive, as its new CEO.

The move highlights OKX’s renewed focus on regulatory compliance, featuring enhanced KYC, AML procedures, and due diligence — a sharp shift from its earlier operations.

According to the CEO, their U.S. return is “a commitment to responsible and transparent growth.”

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Crypto IPO Wave: OKX Joins Circle, Gemini, and Kraken in Public Market Push

OKX’s potential IPO aligns with a growing trend of crypto firms going public:

Circle’s IPO debuted on June 2, 2025, and its shares soared over 500% on launch day.

Gemini filed for an IPO in March 2025, though a final listing date is yet to be announced.

Kraken is also preparing for a public offering, likely in late 2025 or early 2026, depending on market conditions.

As regulatory clarity improves and market momentum builds, crypto IPOs are becoming a defining trend of 2025.