Latest news with #RoshanRobert
Yahoo
23-05-2025
- Business
- Yahoo
'Clear momentum': OKX plots full-scale US comeback
Crypto exchange giant OKX is making a return to U.S. soil with its full brand behind the push, this time under the leadership of Roshan Robert, a seasoned TradFi and crypto executive who joined in September 2024 to spearhead the U.S. expansion. 'I joined OKX in September of 2024 with the mandate to build out the franchise here in the [U.S.],' Robert said in an interview with Scott Melker, host of TheStreet Roundtable and The Wolf of All Streets podcast. 'Amongst the roles straddling both TradFi and crypto, I'd like to highlight two... I was at Barclays at a time when the Dodd-Frank regulations were being implemented... [and] was part of the founding team [at Hidden Road] and took on the dual responsibilities of Groups COO and Groups ECO.' Now, he's bringing that dual-background discipline to OKX's U.S. strategy. 'Robust risk management, strong compliance, focus on client money controls and cybersecurity,' he said. Melker noted the significance of this relaunch. 'OKX's previous presence was with OKCoin... It seems like this is a bit different... Is that an accurate assessment?' 'Absolutely,' Robert confirmed. 'It is one single brand and we are coming to the US with a better product.' That 'better product' includes a centralized spot exchange and a Web3 wallet built specifically for U.S. users. 'Right now what we're doing is we're bringing on a centralized exchange for spot markets,' Robert said. 'We're not looking at perps right now because we don't have a DCM... As of now, we plan to really expand our spot market, launch the centralized exchange, have the full wallet tailored for US users.' Robert remains optimistic. 'There is a clear momentum as far as regulatory infrastructure is concerned... Over time we will definitely look to expand the market and expand across multiple areas and multiple products.' On April 16, OKX officially announced its expansion into the United States, marking a significant milestone for the company as it brings its full-scale platform to U.S. users. The exchange launched trading operations across 46 states and Washington, D.C., and simultaneously named Roshan Robert as the new CEO of OKX U.S. Robert, a veteran of Barclays and PricewaterhouseCoopers, will lead the charge from the company's newly established headquarters in San Jose, California. As part of this relaunch, OKX introduced a new self-custody wallet supporting over 130 blockchains and offering features such as token swaps, cross-chain transfers, NFT access, and Web3 dApp integration. 'Clear momentum': OKX plots full-scale US comeback first appeared on TheStreet on May 23, 2025
Yahoo
18-04-2025
- Business
- Yahoo
OKX launches U.S. exchange, a self-custody wallet and names new CEO
Global crypto exchange OKX continues to ramp up its U.S. presence by launching a centralized crypto trading platform and a new self-custody Web3 wallet while also appointing Roshan Robert as the new CEO of its U.S. operations. The firm has also set up a new regional headquarters in San Jose, California, which is a significant milestone in its larger North American strategy. Any existing OKcoin users in the U.S. will be transitioned to the OKX platform and will look forward to enjoying high-speed trading and low fees with deep liquidity, seamless USD on-ramps, and more. Like migrated US users, new customers will be inducted into the platform in staged phases, with a full nationwide rollout slated for late 2025. OKX is also launching a new Web3 wallet for users based in the U.S. that puts complete control of their crypto into user ownership. The wallet will support over 130 blockchains and will integrate with tools to swap tokens, bridge assets across chains, discover NFTs, and access a wide scope of decentralized applications—none of which would require users to leave the mobile app or browser extension. "With Roshan leading our U.S. operations and our new San Jose headquarters, we're reinforcing OKX's commitment to regulatory excellence, responsible innovation, and talent recruitment," said Hong Fang, Global President of OKX. Roshan Robert possesses extensive experience in capital markets and compliance. Robert's engagement has been focused on enhancing regulatory engagement. 'With the U.S. advancing crypto regulatory clarity, we see tremendous opportunities to build trust and deliver secure, compliant digital asset solutions,' Robert said. For OKX, this expansion is happening at an opportune time as the onshore crypto market continues to build momentum globally, having obtained various licenses in Europe, the UAE, Singapore, and Australia. The firm will launch in the majority of U.S. states initially, with additional launches continuing to 2025 with further announced states. With over 60 million users worldwide, OKX continues to establish itself as an important player in the changing digital asset ecosystem. Sign in to access your portfolio
Bloomberg
16-04-2025
- Business
- Bloomberg
Crypto Firm OKX Launches US Exchange After Settling DOJ Charges
Crypto exchange OKX is expanding in the US just weeks after agreeing to pay half a billion dollars to settle charges brought by local authorities. The company said it will launch its centralized trading platform and self-custody Web3 wallet in the US, while appointing of Roshan Robert as its US chief executive, in a Tuesday statement. It has also opened a new US headquarters in San Jose, California, placing it in the heart of Silicon Valley.
