Aux Cayes FinTech Co. Ltd. (OKX)
OKX is a global cryptocurrency exchange and Web3 technology company, aiming to provide advanced financial services through blockchain technology for trading and investment. Founded by Star Xu in 2013 (initially as OKCoin), the platform rebranded from OKEx to OKX in January 2022. While its international exchange services are operated by a Seychelles-incorporated entity, Aux Cayes FinTech Co. Ltd., OKX relocated its corporate headquarters to San Jose, California, in April 2025. The company also maintains offices in various global locations, including Hong Kong, Singapore, the UAE, and the Bahamas.
OKX offers a comprehensive suite of products and services catering to retail, professional, and institutional traders across more than 100 countries. Its core offerings include spot trading, derivatives such as margin, futures, perpetual swaps, and options, as well as block trading and automated trading bots. Beyond exchange services, OKX provides Web3 functionalities through its OKX Wallet, which acts as a crypto hot wallet, decentralized exchange (DEX), NFT marketplace, and platform for decentralized applications (DApps), supporting over 30 blockchain networks. The platform also features OKX Earn for savings, staking, and crypto loans, alongside its native blockchain, X Layer, and native token, OKB.
OKX holds a significant position in the global cryptocurrency market, ranking among the largest exchanges by trading volume, particularly in derivatives, where it maintains the second-largest market share globally. In a notable development in March 2026, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, made a strategic investment in OKX, valuing the company at $25 billion. This partnership includes a board seat for ICE and a collaboration to explore tokenized NYSE-listed stocks and derivatives. Star Xu is the founder and CEO of OK Group, while Jay Hao serves as CEO of OKX. Despite previously considering a U.S. initial public offering, OKX announced in March 2026 that it would not rush its IPO, prioritizing long-term shareholder value. The company also settled a Department of Justice investigation in February 2025, paying over $500 million in penalties related to past anti-money laundering compliance issues.
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