Source: 99Bitcoins
Global cryptocurrency exchange OKX is making a major move into the U.S. market, launching a comprehensive trading platform and a powerful multi-chain self-custody wallet as part of a strategic expansion plan. With its services now available in 46 states and Washington, D.C., OKX aims to compete head-on with industry leaders like Coinbase and Binance.
Alongside its platform launch, OKX has also rebranded its U.S. presence, folding its Okcoin entity into the global OKX brand, and unveiled a sleek new U.S. headquarters in San Jose, California.
Leading this charge is newly appointed U.S. CEO Roshan Robert, a seasoned executive with experience at Barclays and PricewaterhouseCoopers. His appointment underscores OKX’s focus on compliance, institutional-grade infrastructure, and consumer trust in one of the most regulated crypto markets on the planet.
“We're entering the U.S. market to offer a real alternative,” Robert told CNBC. “With stronger compliance frameworks, lower fees, and deep liquidity, we’re here to lead — not follow.”
OKX also unveiled a new self-custody wallet with support for over 130 blockchains, putting it on par with the most versatile wallets in the space. This next-gen wallet enables users to:
This positions OKX as not just an exchange, but a fully integrated Web3 ecosystem provider.
OKX’s U.S. push comes at a time when the regulatory landscape is becoming more favorable for crypto innovation.
Since President Donald Trump’s return to office in January 2025, the SEC has softened its stance, dropping several high-profile cases, including a civil lawsuit against Coinbase. In another major move, the Department of Justice disbanded its National Cryptocurrency Enforcement Team, signaling a broader shift toward crypto-friendly policy.
Perhaps most crucially, the SEC recently stated that most memecoins are not securities, giving exchanges more freedom to list digital assets without fearing enforcement actions.
This changing climate has emboldened firms like OKX to enter the U.S. with confidence.
With the rebranding of Okcoin to OKX, current U.S. users will now have access to:
OKX’s entrance creates fresh competition for Coinbase, which currently dominates the U.S. market, and could drive better offerings industry-wide.
Founded in China in 2013, OKX is now headquartered in the Seychelles and operates in over 100 countries worldwide. According to CoinMarketCap, OKX is currently the 5th largest crypto exchange by a blend of factors, including:
Only Binance, Bybit, Coinbase, and South Korea's Upbit rank higher.
With its U.S. expansion, OKX could soon narrow that gap — especially as it brings its robust technology stack, growing ecosystem, and transparent operations to a market hungry for trusted alternatives.
OKX’s expansion into the U.S. isn’t just about launching a new app — it’s about reshaping the landscape. With a focus on user empowerment, regulatory compliance, and next-gen technology, the company is staking its claim as a serious global contender.
As the crypto space evolves and U.S. regulations become clearer, expect more international players like OKX to push boundaries, drive innovation, and offer users better, safer, and more flexible choices.