TechFlow News, March 27: According to CoinDesk, Haider Rafique, OKX’s Global Managing Partner and Chief Marketing Officer, stated at the New York Digital Assets Summit that OKX will not rush into a public listing in the United States and will only consider an IPO once it is confident it can deliver long-term value to shareholders.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, recently completed a strategic investment in OKX, valuing the company at $25 billion. Rafique noted that this valuation was deliberately conservative, intended to leave room for future shareholder returns.
Rafique pointed out that some crypto firms have performed poorly after going public, negatively impacting the industry’s overall reputation. If crypto companies repeat the mistakes of the ICO boom era—treating IPOs as short-term cash-out tools—it would inflict lasting damage on the entire industry.
