OKX is a global cryptocurrency exchange, Web3 wallet provider, and Layer 2 blockchain operator, originally founded as OKCoin in 2013 by Star Xu, relaunched internationally as OKEx in 2017, and rebranded to OKX in 2022 to reflect an expanded Web3 and self-custody product strategy. It is operated for most international users by Aux Cayes FinTech Co. Ltd., incorporated in Seychelles. OKX's Twitter Score is 582 out of 1000 (an Excellent rating) as of July 2026, ranking #222 (top 0.1%) of 389,587 accounts tracked on this platform, with 5,665,221 followers as of July 2026 and 51,170 posts published since 2017.
OKX operates OKX Wallet, a self-custody Web3 wallet and DApp browser, as a distinct product from its centralized exchange, and runs X Layer, an EVM-compatible zk-rollup Ethereum Layer 2 network built with Polygon CDK and integrated with Polygon's AggLayer, launched on public mainnet in April 2024. OKB ($OKB), the platform's native utility token first issued in March 2018, serves as the gas token for X Layer and is used for trading fee discounts, launchpad access, and ecosystem governance, with a total supply of 300 million subject to periodic burns. OKX publishes a monthly proof-of-reserves report using a Merkle tree of user liabilities, with the October 2025 report marking 36 consecutive months of publication, each showing 100%+ reserve coverage on major assets.
OKX pleaded guilty on February 24, 2025 to one felony count of operating an unlicensed money transmitting business in the United States (SDNY) and agreed to pay penalties totaling more than $504 million, comprising a criminal fine of approximately $84.4 million and a forfeiture of approximately $420.3 million. The DOJ found that the exchange had operated in the US from 2018 through early 2024, facilitating over $1 trillion in US customer transactions including over $5 billion in suspicious transactions, while failing to implement adequate AML/KYC controls or register with the US Treasury as a money services business. OKX re-entered the US market in April 2025 following resolution of the enforcement action. Separately, the Thai Securities and Exchange Commission filed a formal complaint against OKX for allegedly operating without the required license under Thailand's Digital Asset Business Act, citing AML and KYC violations.
OKX received a MiCA Crypto-Asset Services Provider licence from the Malta Financial Services Authority on January 27, 2025, covering nine of the ten MiCA-authorized services including custody, execution, exchange operations, transfers, and settlement, and began passporting services across all 30 EEA member states. In March 2026, Intercontinental Exchange (ICE, parent of NYSE) made an approximately $200 million minority equity investment in OKX at a valuation of approximately $25 billion and took a seat on its Board of Directors. On June 22, 2026, OKX and ICE announced a 50-50 joint venture to provide its approximately 120 million users access to ICE-regulated US futures and NYSE tokenized equities markets, pending regulatory approvals, with ICE also intending to license OKX's spot crypto prices to launch US-regulated crypto futures.
Who follows OKX on X?
OKX draws an audience spanning crypto traders, protocol builders, and institutional market participants. The accounts that follow OKX include 1,588 founders, 251 angel investors, 1,790 influencers and 192 VCs, among them Laura Shin, Toly, ZachXBT, Solana, CoinDesk and Anthony Pompliano. OKX has been mentioned by 2,533 accounts, with 9,198 total mentions across the platform.