OKX secures registration, opens regional hub in Nassau

OKX secures registration, opens regional hub in  Nassau

NASSAU, BAHAMAS — Leading crypto exchange and web3 platform OKX today announced its registration as a Digital
Asset Business in The Bahamas under the newly adopted Digital Assets and Registered
Exchanges (DARE) Act.

The company has also formed a new subsidiary, OKX Bahamas, for 
which it appointed Dr. Jillian Bethel, a Bahamian native and blockchain industry luminary, as 
CEO. With plans to serve as a regional hub, OKX Bahamas has opened a Nassau-based office
and plans to fill 100 job openings locally.

This latest milestone comes during a period of significant growth for OKX, which is trusted by
more than 20 million global customers in 180 markets with its monthly spot trading volume
averaging over $84 billion year-to-date.

The OKX Bahamas regional hub will cater to the area’s
growing population of cryptocurrency investors and traders, such as those in Latin America and
the Caribbean, where digital assets are increasingly becoming part of local economies.

“OKX is thrilled about our expansion into The Bahamas under the innovative DARE Act,” said 
Tim Byun, Global Government Relations Officer, OKX.

“We are prioritizing growth in regulated
markets because we want to enable responsible crypto activity globally. By working with
forward-looking authorities like the Securities Commission of The Bahamas, we can create safe
and sustainable environments for crypto to exist.”

OKX selected The Bahamas as a strategic growth location because of the effective regulatory 
framework created by the Securities Commission of The Bahamas. Already known as a
prestigious international business and financial center, The Bahamas is emerging as a global
leader in digital assets through its progressive legislation and regulatory structures.

“The DARE Act has made The Bahamas a pioneer in digital asset adoption, and I’m proud to
lead the OKX Bahamas team in championing crypto,” said Dr. Jillian Bethel, OKX Bahamas

“As a gateway to the Caribbean and the broader Americas, The Bahamas is opening new
doors for local talent and global businesses to thrive here with forward-looking policy.”

This registration in The Bahamas comes on the heels of OKX receiving a provisional Virtual
Assets Regulatory Authority (VARA) license in Dubai, where it has also opened a regional hub
to serve qualified investors within the UAE and surrounding countries.

OKX is pursuing licenses across the world as part of its mission to empower responsible crypto
trading and investing globally. Beyond licensure, OKX aims to drive responsible crypto and
web3 adoption through a range of high-profile partnerships, including those with English Premier League champions Manchester City FC, McLaren Formula 1, golfer Ian Poulter, 
olympian Scotty James, and F1 driver Daniel Ricciardo. Further, OKX provides resources like
 OKX Learn, as it prioritizes user protection and the safeguarding of customer assets in its effort 
to make crypto accessible to all.