Against the backdrop of rapid evolution in the global cryptocurrency ecosystem, OKX is accelerating its global expansion with unprecedented momentum. Recently, Hong, President of OKX, sat down with CoinDesk at the "Consensus Hong Kong 2025" conference to discuss:
- OKX’s pioneering role in retail and institutional markets in Dubai and worldwide.
- Insights into the thriving cryptocurrency community in Asia.
- Future global expansion strategies and long-term industry outlook.
Hong emphasized:
"In Dubai, we are the first—and likely the only—exchange offering derivatives trading to both retail and institutional users. Similarly, in Australia, we operate fully compliantly. Our goal is to deliver comprehensive, secure, and regulated products for institutional adoption. We are confident in this vision."
Full Interview Transcript
CoinDesk: OKX’s Presence at Consensus Hong Kong 2025
Hong:
Asia is a strategic priority for OKX. Hong Kong’s vibrant crypto ecosystem aligns with our commitment to local community growth. This event lets us connect with industry leaders and feel the energy of the market firsthand.
CoinDesk: Retail User Trends (Past 12–18 Months)
Hong:
Globally, crypto users exhibit regional behavioral differences:
- Asia: Active trading, but growing interest in long-term holdings (e.g., Bitcoin, Ethereum, Layer 1 assets).
- Yield products: Steady demand for on-chain and off-chain yield opportunities, though less prominent than trading volumes.
CoinDesk: The Shift Toward Long-Term Strategies
Hong:
We’ve observed new product trends, including surging adoption of Web3 self-custody wallets. Our wallet integrates powerful features, meeting user needs seamlessly. Its rapid community adoption exceeded our expectations.
CoinDesk:
Does wallet usage now surpass centralized exchanges?
Hong:
In terms of total asset value, yes. This reflects our focus on infrastructure investment and community-driven development.
CoinDesk: Building the OKX Community
Hong:
Unlike traditional exchanges, OKX prioritizes community value creation:
- Localized operations: Compliant services in Singapore, Australia, and 28 European Economic Area (EEA) countries.
- Web3 focus: Addressing crypto-native needs (e.g., multi-chain interoperability, asset diversity).
👉 Discover OKX’s Web3 Wallet Innovations
CoinDesk: Institutional Services Expansion
Hong:
Key initiatives:
- Global institutional reach: Serving clients in Asia, Europe, and Latin America.
- Compliance focus: Licensed derivatives trading in Dubai (retail + institutional) and Australia.
- Future goals: Expand regulated offerings to attract more institutional participants.
CoinDesk: Risk Management in Complex Products (Perpetuals, Options)
Hong:
- Regulated markets: Strict KYC/qualification processes.
- Education: Partner-led trader programs to promote responsible trading practices.
OKX’s Next Steps: Global Growth
- U.S. Market: Brand relaunch as "OKX" in 2025.
- Europe: Navigate country-specific regulations post-EEA licensing.
- Localized products: Fiat gateways, trading bots for Singapore, Australia, Dubai.
👉 Explore OKX’s Compliant Trading Solutions
FAQs
Q1: How does OKX ensure compliance across different regions?
A: OKX secures local licenses (e.g., Dubai, Australia, EEA) and tailors products to meet regional regulations.
Q2: What sets OKX apart for institutional traders?
A: High liquidity, regulated derivatives, and a commitment to long-term trader success.
Q3: Is OKX planning to enter the U.S. market?
A: Yes—the rebranded "OKX" aims for a 2025 launch.
Q4: Why are self-custody wallets gaining traction?
A: Users increasingly prioritize security and control over their assets.
Conclusion
OKX’s global expansion underscores its dedication to compliance, innovation, and community engagement. With strategic moves in Dubai, Australia, Europe, and beyond, OKX is poised to shape the future of crypto trading—responsibly and inclusively.
Disclaimer: This content is informational only. Cryptocurrencies involve risks; consult a financial advisor before trading. OKX’s products and services are subject to regional availability and terms.