OKX Explores U.S. IPO Following April Relaunch & DOJ Deal

The exchange is exploring an IPO two months after re-entering the United States. Crypto exchange OKX established its U.S. headquarters in San Jose and appointed Roshan Robert as U.S. CEO to guide its American strategy.

Settlement and Market Re-Entry Details

OKX agreed to pay over $500 million in February to settle the Department of Justice (DOJ) charges for operating without proper licensing and anti-money laundering controls. The exchange relaunched U.S. services in April by forming a San Jose regional headquarters and expanding teams in New York and San Francisco.

The relaunch involved a phased rollout of trading services and wallet functionality under U.S. compliance frameworks. OKX had previously exited the American market due to regulatory violations.

The U.S. is no longer what you would consider as an impossible market. It's an untapped opportunity if approached in the right manner,

Robert said.

IPO Timeline and Requirements Unclear

Specific timing, valuation targets, and share structure have not been disclosed. An OKX spokesperson declined to comment directly on IPO plans when approached by analysts, indicating the process remains exploratory.

A U.S. listing would require filing with the Securities and Exchange Commission and meeting extensive disclosure requirements. The exchange must demonstrate compliance improvements after past regulatory issues.

Multiple crypto firms, including Bullish and Gemini, are filing or considering IPOs. A broader industry momentum toward public listings is building. OKX competes globally among top-tier platforms by volume alongside Binance and Coinbase.