PANews reported on December 31 that according to official news, at the end of 2024, OKX CEO Star issued an open letter entitled "Salute to Another Year of Forging Ahead". In the letter, he mentioned that in 2024, OKX made important progress in the development of the global market, and has successively carried out localized business in seven regions including Brazil, Singapore, the United Arab Emirates, Turkey, the Netherlands, Belgium and Australia. In these key markets, OKX has formed local teams to focus on market growth and introduced seamless fiat currency deposit channels to make it easier for customers to access products. In addition, OKX has obtained four important licenses and business authorizations in Singapore, the United Arab Emirates, the European Economic Area (EEA) and Australia, reflecting its commitment to establishing localized business.
Star said that through this strategic expansion, OKX has seen significant growth in its assets-on-asset (AOP) in these local markets. These achievements reflect both users’ trust in OKX and OKX’s ability to continue to expand its services in regulated markets, while demonstrating OKX’s determination to work closely with regulators and policymakers.
