Okcoin, the American subsidiary of OKX, has announced the merger of the complete brand into OKX.
Okcoin has officially merged the brand with OKX
Announced by Okcoin CEO and OKX President Hong Fang, Okcoin will merge its brand with OKX roughly ten months just after the exchange’s affiliation.
We have determined to rename Okcoin globally to OKX in the coming months.
Such a bittersweet second.
A thread…🧵
—Hong (@hfangca) October 9, 2023
The brand’s worldwide merger will get spot in the coming months, commencing with Singapore, then Europe and lastly the US headquarters.
Ms. Hong Fang mentioned the branding transform stems from the two platforms “overlapping” in improvement orientation. Therefore, the two see higher energy when mixed into 1.
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In January 2023 we took a major stage forward and joined forces with OKX, our extended-standing sister organization. As aspect of this transform, I have also taken on a new position at OKX as President. https://t.co/2kequ6qPQY…
There are sizeable overlaps in what the two platforms are building…
—Hong (@hfangca) October 9, 2023
Okcoin was founded ten many years in the past and joined OKX in January 2023. Although they have the very same management apparatus, Okcoin has so far only centered on producing swap trading goods. Another variation is that Okcoin serves American buyers, though OKX does not.
In March 2023, Okcoin had to prevent its USD and OTC deposit providers just after its significant banking companion, Signature, was forced to shut down by the US government. In a latest submit, Ms Hong mentioned the US will proceed to be a essential marketplace and she is committed to accompanying clientele right here regardless of the tough working atmosphere.
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