OKX

OKX

Finance

OKX draws investment from StanChart, Circle, Ripple as it pushes beyond crypto exchange roots

The exchange is increasingly aiming to position itself as a global financial tech platform spanning crypto, payments and tokenized assets, following an investment and joint venture with NYSE parent ICE.

OKX founder Star Xu (OKX)

Finance

OKX looks to abstract blockchain mechanics to bring stablecoin balances to everyday consumers

OKX appears to be designing products to keep the blockchain element abstracted or out of sight for users who simply want to hold digital dollars and use a card.

Bank notes from different countries. (John McArthur/Unsplash)

Markets

More than 60 U.S. stocks including Nvidia and Tesla are headed onchain. Here’s how it works

The planned 24/7 venue will offer dozens of tokenized U.S. stocks, with trades conducted against stablecoins through blockchain-based liquidity pools rather than a traditional order book.

The SpaceX company logo displayed outside the Nasdaq Marketsite the company's IPO.

Markets

Joint venture of OKX and NYSE parent ICE files for 24/7 tokenized U.S. stock trading

OKXICE, the joint venture of OKX and ICE, plans to launch tokenized U.S. stocks under SEC's new innovation exemption.

Andrew Cuomo. (OKX)

Markets

OKX brings OpenAI and Anthropic bets to Europe as pre-IPO trading grows

The exchange is offering up to 10x leverage on private-company valuations alongside 100 tokenized stocks and ETFs.

OKX trading app on a mobile phone (CoinDesk)

Markets

Bitcoin rally sparks debate whether Clarity Act is already priced in

Erald Ghoos, OKX Europe CEO, says U.S. crypto rules could blow new life into the market amid a rotation of capital from AI back to bitcoin.

US Capitol (Shutterstock)

Policy

OKX's Rafique doubts Clarity Act will pass, warns optimism is already priced into bitcoin

The OKX executive says Democrats have little incentive to hand Republicans a crypto victory before the midterms.

U.S. Capitol, the seat of Congress in Washington (Jesse Hamilton/CoinDesk)

Videos

Mark Cuban says Bitcoin failed as a hedge

Billionaire Mark Cuban sold most of his bitcoin after the asset failed to hold up during the Iran conflict. The longtime crypto advocate had argued for years that bitcoin was "a better version of gold than gold" — but during this latest geopolitical shock, gold rallied and bitcoin dropped. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Mark Cuban says Bitcoin failed as a hedge

Videos

FTX to repay creditors another $2.2B this month

FTX Recovery Trust will distribute about $2.2 billion to creditors on March 31 in its fourth payout under the exchange’s Chapter 11 plan. The latest payout lifts recovery rates so that many customer claim classes reach 100 percent, while Class 7 is set to receive a cumulative 120 percent. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

CoinDesk

Finance

Former legal executives from crypto exchange OKX unveil DeFi connectivity, risk-rating service

Shredpay targets U.S. retail and institutional users looking for ease of use and a comprehensive risk rating.

The Shredpay founding team (from right to left): Mauricio Beugelmans (CEO), Melissa Muehlfeld (president), Peter Chang (CTO)