OKX expands European presence with Germany and Poland launch as it it mulls U.S. IPO

Global crypto trading platform OKX has launched more regulated trading platforms in Europe as it considers going public in the U.S.

According to a press release on 23 June, the platform is launching exchanges in Germany and Poland as it has secured regulatory clearance in the countries.

This is coming just a few months after the exchange also relaunched in the United States and is now seeking to go public.

Strategic expansion

OKX says the launch in the two countries is a part of the strategic expansion plan in Europe.

Going forward, customers in the two countries will enjoy deep liquidity, low fees, and can trade over 270 cryptocurrencies.

The exchange also provides more than 60 crypto-Euro pairs to users in both countries, bringing easy access to crypto assets.

Available services include spot trading, staking, automated trading bots, and a wide range of advanced features with seamless Euro deposits and withdrawals.

Similarly, Earn products, automated trading bots, and a roadmap of localized features designed specifically for European users are also available in both markets.

Meanwhile, the crypto company is considering going public in the U.S., primarily as a strategy to avoid the tightening regulatory rope in Asia.

Regulatory clarity fuelling growth

Several crypto companies are considering going public in the U.S. recently since the issuer of USDC, Circle went public a few weeks ago.

This is clearly due to the regulatory clarity that the Trump administration has brought to the country. In fact, OKX only returned to the U.S. after Trump’s inauguration, which demonstrates the friendliness in the current regulatory landscape.

This positive sentiment towards crypto is also radiating to other countries, making it easier to secure regulatory approval.

Bybit also recently secured a MiCA license in Austria, allowing the platform to launch an EU-wide crypto service.