OKX Eyes U.S. IPO Amid Rising Crypto Public Listings

Leading cryptocurrency exchange OKX is looking into the possibility of going public through an initial public offering (IPO). 

OKX’s Chief Marketing Officer, Haider Rafique, has confirmed that the company is considering going public in the future, likely targeting the U.S. market. Although there is no set timeline, the executive noted that making an initial public offering is part of the company’s strategic plans.

OKX IPO News Drives Token Surge

The news about a possible IPO boosted the crypto market, leading to a 9.8% rise in the price of OKX’s token, OKB. 

From trading just above $50, OKB surged to $55 before falling back to $50.96. The token has increased by 3.5% over the past 24 hours. Investors feel hopeful about the company’s chances for greater global recognition and regulatory approval.

By going public, companies like OKX strengthen their credibility, attract institutional investors, and secure long-term capital for expansion. The success of the OKX IPO will also shape the future trajectory of cryptocurrency businesses in the U.S. financial ecosystem.

Wave of Crypto IPOs on the Horizon

OKX is not the only crypto company gearing up for a public listing. For context, several other leading crypto firms, including Kraken, Bullish, and Blockchain.com, are also preparing for potential U.S. listings. 

For instance, Kraken is reportedly eyeing an IPO by early 2026. Gemini, an exchange founded by Cameron and Tyler Winklevoss, also filed an IPO and enlisted financial giants Goldman Sachs and Citigroup to guide the process.

Similarly, Circle, the company behind the USDC stablecoin, has filed for an Initial Public Offering. 

The firm plans to list its shares on the New York Stock Exchange under the ticker symbol “CRCL.” This trend reflects a shift in market sentiment. Crypto companies are leveraging public funding opportunities amid reduced regulatory pressure.

OKX Expansion and Global Outreach

Recall that the Web3 technology company launched its centralized crypto exchange and OKX wallet in the Netherlands in 2024. Likewise, the exchange launched crypto exchange services and a Web3 wallet in Argentina, capitalizing on the region’s increasing interest in crypto and blockchain technology.

Furthermore, OKX has obtained a Virtual Asset Service Provider (VASP) license in Dubai. This signals its commitment to serving the Middle Eastern market and a clear expansion strategy across clients.