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Fortune
Fortune
Ben Weiss

Crypto exchange OKX relaunches in U.S. two months after settling with DOJ for $500 million

Hong Fang speaks during a recent crypto conference. (Credit: Lam Yik—Bloomberg/Getty Images)

Seychelles-based OKX announced on Tuesday that it is relaunching the U.S. version of its crypto exchange and unveiled a new wallet for American users to store as well as trade cryptocurrencies. The company also named Roshan Robert, a longtime employee of Barclays, as its U.S. CEO and revealed it would locate its U.S. regional headquarters in San Jose, California.

“It is not just the rebrand. The entire technology interface, everything has changed," said Robert, who was recently an executive at the crypto prime broker Hidden Road, which was acquired by Ripple for $1.25 billion in April.

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