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This investment, an extension of a funding round led by Intercontinental Exchange—the parent company of the NYSE—strengthens OKX’s ties with essential infrastructure partners as it works to develop a more integrated cryptocurrency industry is currently navigating a critical period defined by evolving market expectations and regulatory changes.
The firm is now facilitating the onboarding of users located within the European Economic Area (EEA).
It is expected that the majority of wallets will be excluded from registration requirements.
The firm stands as the first asset manager affiliated with a U.S. bank to provide a crypto exchange-traded product.
