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Cryptocurrency News Video

OKX Token Spikes 9.8% on Report Exchange Will Consider U.S. IPO 'in the Future'

Jun 23, 2025 at 04:08 pm Crypto World Daily

“We will absolutely consider an IPO in the future, if we go public, it would likely be in the U.S.,"said Haider Rafique, chief marketing at OKX. Crypto exchange OKX is "considering" an initial public offering (IPO) with the U.S. as its preferred market, The Information reported on Sunday, citing an interview with the firm's chief marketing officer. “We will absolutely consider an IPO in the future,” said Haider Rafique, chief marketing officer. “If we go public, it would likely be in the U.S.” Reports of Rafique's comments brought about a 9.8% jump in OKX's native token OKB. From trading just above $50, OKB spiked to $55.11 before falling back to the where it was before the news. OKX established a U.S. headquarters in San Jose, California in April, having settled charges with the Department of Justice for operating in the country without a money transmitting license, for which it agreed to pay a $500 million fine. Should the Seychelles-based exchange now be weighing up an IPO, it would demonstrate a newfound confidence in its U.S. operations. Along with OKX, crypto exchanges Kraken and Bullish (owned by Bullish Group, which is also CoinDesk's parent company) both have plans to go public in the U.S. Stablecoin issuer Circle (CRCL) completed its long-awaited IPO on the New York Stock Exchange (NYSE) at the start of this month, with its shares climbing 675% since. OKX declined to comment when contacted by CoinDesk on the matter. UPDATE (June 23, 14:50 UTC): Rewrites headline to lead on OKB token price movement. Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE. https://www.coindesk.com/business/2025/06/23/okx-considering-us-ipo-native-token-sees-98-spike-report #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple
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