OKX To Consider IPO In US After Local Relaunch In April

Summary

OKX is considering an initial public offering (IPO) in the United States after relaunching operations there in April. The exchange faces regulatory challenges in Asia, with Thailand's SEC planning to block its operations alongside other exchanges. An OKX IPO would follow Circle's successful listing, which saw its stock price increase significantly. Circle's partner, Coinbase, has been publicly traded since 2021, with its shares experiencing a decline since the launch. The situation is evolving, with more details expected to emerge.

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