Crypto exchange OKX is reportedly considering a public listing in the United States, according to a report by The Information. The move would mark a major step in its transition from regulatory turbulence to public market participation.
The IPO speculation follows OKX’s $500 million settlement with the U.S. Department of Justice earlier this year, which resolved allegations that the company operated an unlicensed money transmission business. Just two months after the settlement, OKX formally relaunched in the U.S. in April, signaling renewed commitment to the market.
The company has since established its U.S. headquarters in San Jose, California, and appointed Roshan Robert—a veteran of Morgan Stanley and Barclays—as its U.S. CEO. With the IPO now on the table, OKX appears to be making a strategic shift toward regulatory legitimacy and institutional appeal.
OKX Pushes ‘Super App’ Vision to Gain U.S. Traction
In a May interview, CEO Roshan Robert shared that OKX’s U.S. expansion is centered on building a “super app” tailored for digital assets—an all-in-one platform offering a suite of crypto tools and services.
OKX’s U.S. workforce has reportedly grown to around 500 employees, spread across major hubs including San Francisco, New York, and San Jose. The expansion reflects growing confidence in the U.S. market as a viable territory for global crypto firms.
“The U.S. is no longer what you would consider an impossible market,” Robert stated.
“It’s an untapped opportunity if approached in the right manner.”
Rival Crypto Firms Also Eye U.S. Public Listings
OKX isn’t alone in its ambitions. Earlier this month, rival exchange Bullish—backed by billionaire investor Peter Thiel—confidentially filed for a U.S. IPO, according to The Financial Times. These developments point to a broader wave of crypto exchanges eyeing the public markets, buoyed by improved sentiment in 2025.
While Coinbase remains the only major exchange to have gone public in the U.S., the renewed activity suggests that capital markets may once again be opening to crypto-native platforms—especially those with stronger regulatory postures and diversified service offerings.
A potential IPO by OKX would be one of the most high-profile listings in the space since Coinbase’s 2021 debut. Still, most crypto exchanges have hesitated due to persistent market volatility and regulatory ambiguity.
Yet recent fundraising successes by BitGo, Circle, and Chainalysis suggest that investor appetite for crypto infrastructure remains intact. For OKX, a public listing would not only bring fresh capital and brand visibility—it would also add credibility in a market where regulatory compliance is increasingly a competitive edge.
Quick Facts
- OKX is reportedly exploring a U.S. IPO following its April relaunch
- The move follows a $500M settlement with U.S. regulators
- CEO Roshan Robert aims to build a U.S.-focused “super app”
- Bullish and other crypto firms are also pursuing IPO paths
