PANews|3月 27, 2026 00:53
[OKX Executive: The Company Is Not Rushing IPO, A Poor Listing Could Harm the Crypto Industry]
According to CoinDesk, OKX Global Managing Partner Haider Rafique stated that the exchange is not in a hurry to go public in the U.S. and will wait until it is confident in creating long-term value for shareholders before proceeding with an IPO. OKX was recently valued at $25 billion in a strategic transaction with Intercontinental Exchange, the parent company of the New York Stock Exchange. Rafique described this valuation as conservative, aimed at leaving room for future shareholder returns.
Rafique pointed out that some crypto companies have underperformed after going public, such as a major exchange whose stock price has dropped nearly 50% since its IPO, which is detrimental to the entire industry. If crypto companies rush to go public like during the past ICO boom, the industry could face risks. Currently, OKX is focused on global expansion, liquidity building, and the layout of tokenized financial assets, with plans to build the company with a long-term perspective of 20 to 30 years.
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