Key notes
- OKX is considering an introduction to the American stock market after entering the market and settling with the DoJ for $ 505 million.
- Bybit promoted Helen Liu for CO-PDG while the CTO Rockman for a long time comes out in the middle of a leadership reshuffle.
- The Kraken Ink layer 2 project experienced a massive increase in activity before the ink token start.
In a week which highlighted the speed with which the winds move in the centralized Espace Crypto Exchange (CEX), the main players like Okx, Bybit, Coinbase and Kraken have made power movements through the Introduction ambitions, the C-Suite Remantiers and the Colate 2 competition.
Okx Eyes Wall Street
Only a few months after returning to the American market following a payment of $ 505 million with the DoJ, OKX would have planned to make public in the United States. The exchange, now whose headquarters are at the regional level in San Jose, considers the IPO as a strategic stage to extend operations.
According to journalist Yueqi Yang, the Buzz IPO marks a broader change in regulatory feeling, suggesting that the American authorities could be more receptive to cryptographic companies under Donald Trump.
OKX, one of the first three exchanges of global crypto, will consider an IPO in the United States, after reviving the United States in April.
From IPOs to Trepto Treasury stocks, the crypto is booming at the moment, but the rally is taking place on the stock market, to assessments that have even surprised …
– Yueqi Yang (@Yueqi_yang) June 22, 2025
The restart of OKX was aggressive. He hired Roshan Robert, a seasoned framework by Morgan Stanley and Barclays, to direct his American expansion.
With nearly 500 employees in New York, San Francisco and San Jose, OKX clearly invests in establishing domination in the American financial ecosystem.
This thrust follows the success of Circle’s successful stock market. The beginnings of the Stablecoin transmitter on the NYSE saw its actions win almost 300%.
CTO outputs by bybit
While OKX plans to become public, Bybit manages a major upheaval. According to Wublockchain, the exchange has promoted its COO Helen Liu, which brings a vast leadership experience of Nokia and Microsoft, to CO-PDG.
Exclusive: Bybit, the second exchange of offshore cryptocurrency in the world in the world, promoted its COO Helen to the CO-PDG, confirmed three initiates in Wublockchain. Helen previously was HR director of the World Division of the supply chain in Nokia and Human Resources Director of Microsoft Asia…
– Wu Blockchain (@wublockchain) June 23, 2025
On the other hand, the longtime CTO of Bebit, Rockman, has left. The exchange now hunts a replacement, which will fall directly from Liu.
The internal letter also stressed that the current CTO Rockman of Bybit has chosen to leave, and the future CTO will fall under Helen Liu. Bybit is looking for the next CTO.
– Wu Blockchain (@wublockchain) June 23, 2025
Kraken ink caused a sensation
Kraken layer 2 project, Ink, generates buzz before its next deployment of ink token. Built on Optimism’s Superchain, INK has seen daily transactions exceed 500,000, and the number of active contracts almost doubled in June.
The ink token supply is set at 1 billion and a community air card via Aave
Aave
$ 232.4
24h volatility:
3.1%
COURTIC CAPESSION:
$ 3.52 B
Flight. 24 hours:
$ 482.78 M
The liquidity pools have been revealed. However, with less than 8 million dollars of total locked value, INK is still lagging behind competitors such as the Coinbase base.
The upcoming token will serve objectives of liquidity and incentive, and not of governance.
Coinbase solidifies Europe.
Coinbase, the first great American exchange to become public, expands its regulatory presence by obtaining a license in crypto-active markets (Mica) in Luxembourg, which makes it its official European center.
This license allows Coinbase to offer its full sequence of cryptography services in the 27 EU member states as part of a unified regulatory umbrella.
This decision consolidates the previous efforts of Coinbase in Germany, France and several other European nations. With Mica now fully in force, Coinbase is ahead of peers like Gemini, who is still waiting for his license approval to Malta.
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Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived the bear and bull markets over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn