OKX founder Star Xu sees crypto and traditional finance convergence
Photo: Crypto Briefing
Star Xu, founder of global crypto exchange OKX, has stated that the divide between cryptocurrency and traditional finance is diminishing. According to Xu, crypto companies are increasingly resembling traditional financial institutions, while traditional finance is investing more heavily in crypto assets. This comment comes in the wake of OKX’s recent funding extension, which valued the company at $25 billion and attracted investments from major traditional finance players. The trend suggests that institutional capital and infrastructure are converging with crypto-native platforms, with OKX expanding into areas like tokenized traditional assets and stablecoins.
Source: Crypto Briefing
