OKX cryptocurrency exchange continues to capture headlines as it cements its reputation as a global leader.
Founded by Star Xu in 2017, OKX has rapidly evolved into the second-largest crypto trading platform by volume. Operating from its newly relocated headquarters in San Jose, OKX now has a dynamic global presence, spanning Dubai, Hong Kong, Turkey, Australia, and more.
Its strategic rebrand from OKEx to OKX in 2022 marked a major turning point. Led by CMO Haider Rafique, the move aimed to position OKX exchange as a global force. The exchange focused on expanding services, obtaining licenses in Dubai, Hong Kong, and France, and forging major partnerships with Manchester City, McLaren, and the Tribeca Film Festival.
OKX cryptocurrency exchange builds a foundation of trust
A critical milestone for OKX was the introduction of its Proof of Reserves reports. These reports highlight the exchange’s clean asset reserves, showing minimal reliance on its native tokens. With a BTC reserve ratio of 102%, OKX leads the industry in transparency and user security. Forbes recently ranked it among “The World’s Most Trustworthy Crypto Exchanges,” a clear testament to its efforts.
In addition, OKX exchange embraced regulatory changes, applying for licenses in key regions like Hong Kong and Dubai. Its strategy prioritizes technology development and consistent service over short-term profits, ensuring a solid long-term vision. Dubai’s Virtual Assets Regulatory Authority (VARA) has awarded OKX Middle East a Virtual Asset Service Provider (VASP) licence for exchange services.
Global expansion continues for OKX
OKX cryptocurrency exchange shows no signs of slowing down. In 2024 and 2025, it expanded services to Singapore, partnering with DBS Group for instant deposits in Singapore dollars. It also relaunched operations in the United States, focusing on offering enhanced services in compliance with evolving regulations.
Moreover, the cryptocurrency exchange ventured into creative projects by collaborating with the Tribeca Film Festival and filmmaker Darren Aronofsky on a short film. This move highlights the brand’s intent to integrate crypto culture with mainstream media.
A bright future for the OKX exchange
Looking ahead, OKX cryptocurrency exchange remains focused on growing its global footprint. Its commitment to security, transparency, and regulatory compliance positions it for greater success. As crypto adoption surges, OKX aims to lead by example, providing safe, innovative, and user-centric solutions for investors worldwide.