POPA ReconOKX Postpones IPO Despite $25B Valuation
OKX Postpones IPO Despite $25B Valuation OKX has put its IPO plans on hold despite receiving a $25B valuation following a minority investment from Intercontinental Exchange - the parent company of the New York Stock Exchange. Executives stated the company will only proceed with a public listing when it can ensure consistent shareholder returns and operational stability, citing current market volatility as the key reason for the delay. The decision reflects a broader trend - several crypto firms have quietly shelved IPO plans in recent months due to muted investor demand and regulatory unce…
The excerpt is quoted from a public Telegram channel, which owns its text.