OKX announced its return to the U.S. market on April 16, 2025, with a phased rollout of a new cryptocurrency exchange. The exchange has appointed Roshan Robert, formerly a director at Barclays, as its U.S. CEO. The platform aims to provide enhanced liquidity, reduced fees, and sophisticated trading instruments, with a full nationwide launch anticipated later in 2025.
The new OKX platform will integrate with local banks and support major cryptocurrencies, including BTC, ETH, USDT, and USDC. Additionally, OKX is launching its OKX Wallet, which supports 130 blockchains and features a DEX aggregator. This move follows OKX's February agreement to pay $505 million in fines and penalties for operating as an unlicensed money-transmitting business.
OKX's US headquarters will be located in San Jose, California. The company emphasizes its commitment to regulatory compliance and security as it re-enters the U.S. market.