OKX

Several exchanges that have already been authorized by EU regulators are attempting to bring in users from companies unlicensed under the Markets in Crypto-Assets rules, offering transfer bonuses and prizes.

Brian Armstrong of Coinbase and Star Xu of OKX offered new users sign up bonuses of up to 8% of their deposits or transfers from other accounts.

OKX Europe CEO Ghoos said 80% of exchanges won't survive MiCA as ESMA forces unlicensed firms to cease EU operations by July 1.

The pair will focus on advancing tokenization and digital asset infrastructure in a joint venture co-chaired by the former governor of New York.

The venture is subject to regulatory approvals but will be co-chaired by ICE and former New York Governor Andrew Cuomo, who began working with OKX in 2023.

The new joint venture will enable OKX customers in the U.S. and internationally to access ICE futures and NYSE tokenized equities markets.

Bitcoin Magazine ICE and OKX Form Joint Venture to Connect NYSE Infrastructure With 120 Million Crypto Users A new ICE-OKX joint venture creates a regulated bridge between traditional finance and crypto, giving OKX's 120 million users access to ICE futures markets and NYSE tokenized equities. This post ICE and OKX Form Joint Venture to Connect NYSE Infrastructure With 120 Million Crypto Users first appeared on Bitcoin Magazine and is written by Micah Zimmerman .

The goal is to enable OKX’s 120 million global users to access ICE futures and NYSE tokenized equities markets, the two U.S. companies announced.

OKX rolls out tokenized stock and commodity perps for EU retail traders, expanding competition with Coinbase, Kraken and Binance in regulated derivatives.

OKX Ventures and KIS to invest $53 million each for a 19.6% stake in Coinone, deepening ties between traditional finance and crypto in South Korea’s tightly regulated market.

The crypto exchange's investment arm and Korea Investment & Securities will each invest KRW 80 billion ($53 million) as Coinone pushes into stablecoins and tokenized securities.

This marks the latest move by a global crypto giant to secure a foothold in South Korea, following Binance's acquisition of Gopax.

Exchange OS moves core exchange functions, such as matching, margining, liquidation, and settlement, to the protocol layer.

OKX's oil perps contracts will track Intercontinental Exchange's Brent Crude and WTI Crude energy benchmarks.

OKX debuted perpetual oil futures tied to Intercontinental Exchange’s benchmarks, the latest sign of growing competition for Hyperliquid.

ICE and OKX plan to launch oil-linked perpetual futures based on Brent and WTI benchmarks, bringing crypto derivatives further into traditional energy markets under licensing restrictions.

The new partnership comes as Hyperliquid’s oli futures contracts that never expire have been a huge success with over $1.6 billion in 24-hour trading volume.

OKX's planned move into the South Korean market would echo that of Binance, which completed its acquisition of Seoul-based Gopax last year.

OKX is reportedly seeking a 20% stake in South Korean crypto exchange Coinone as foreign and domestic firms compete for market access.

If approved, OKX would become the second global exchange to own a majority stake in a South Korean crypto platform, following Binance.

Crypto exchange OKX will offer synthetic exposure to private AI and tech company valuations through derivatives contracts.

OKX Card data shows most crypto spending in Europe is on groceries and dining, signaling growing everyday use over luxury purchases.

Crypto exchanges are increasingly competing to offer retail traders exposure to Silicon Valley’s most valuable private firms, despite the products conferring neither equity ownership nor shareholder rights.