OKX: No Rush for U.S. IPO, Emphasizes Shareholder Returns as Prerequisite

Odaily News OKX stated that despite accelerating its global expansion and venturing into tokenized finance, the company currently has no plans to hastily pursue an initial public offering (IPO) in the United States. Haider Rafique, Global Managing Partner and Chief Marketing Officer at OKX, speaking at the New York Digital Asset Summit, indicated the company would only consider going public when confident it could create value for shareholders.

He also revealed that following a recent strategic investment related to the Intercontinental Exchange, the company's valuation is approximately $25 billion, describing the current pricing strategy as relatively conservative. Rafique further pointed out that the performance of crypto companies in public markets remains uncertain, with some listed firms experiencing poor stock performance, which is a significant reason for the company's cautious approach to an IPO. (CoinDesk)