OKX crypto exchange considering US IPO after local relaunch
OKX, a major global cryptocurrency exchange, is contemplating an initial public offering (IPO) in the United States following its recent relaunch. According to a report by The Information, this potential IPO is being considered as the exchange navigates increasing regulatory challenges in Asia, particularly with the Thai Securities and Exchange Commission which has indicated potential blockages for OKX and other exchanges in the region. The considerations for a US listing come on the heels of Circle's successful IPO, where Circle shares surged nearly 250% shortly after its public debut. OKX has not publicly commented on these IPO plans. The exchange's possible move reflects broader trends in the crypto and stock markets, as there has been a boost in crypto-focused public listings amid increasing investor enthusiasm.
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