OKX Stages US Comeback—IPO Rumors Swirl as Crypto Craze Reignites
Crypto giant OKX eyes a triumphant return to the US market—and Wall Street whispers suggest an IPO could be brewing. Here's why traders are buzzing.
### The Comeback Play
After years of regulatory chess, OKX is making moves to reclaim its US foothold. Sources say the exchange is polishing its compliance playbook while riding the latest wave of institutional crypto FOMO.
### IPO Fever Hits Crypto
Insiders hint the relaunch could tee up a blockbuster public offering. Because nothing says 'legitimacy' like letting Goldman Sachs take a 7% cut of your volatility.
### The Bottom Line
If OKX pulls this off, it'll be the ultimate flex: turning America's love-hate crypto relationship into a NYSE ticker symbol. Just don't ask about the SEC meeting minutes.
IPO wave
OKX’s reported IPO ambitions follow the public debut of Circle, the issuer of the USDC stablecoin.
Earlier this month, Circle listed its CRCL stock on the New York Stock Exchange (NYSE), achieving one of the most impressive performances of any crypto-related IPO.
As of press time, Circle’s shares are trading at approximately $261.98, representing a nearly 700% increase since launch.
Circle’s strong market debut has renewed interest in IPOs within the crypto industry. Exchanges like Gemini have reportedly submitted confidential filings to US regulators as they consider going public.
These moves signal growing confidence among crypto companies that regulatory conditions in the US may now favor market expansion and institutional participation.