OKX: Will not rush into an IPO in the US market.

According to a report by CoinDesk on March 27th, OKX stated that even as the company accelerates its global expansion and ventures into tokenized finance, it has no plans to rush into the US public market. Haider Rafique, the company's Global Managing Partner and Chief Marketing Officer, said at the New York Digital Asset Summit on Thursday, "We will only go public when we are confident that we can return value to our shareholders. If we are not confident in doing so, I don't think there is any need to go public." This stance comes as OKX recently completed a strategic investment related to Intercontinental Exchange, bringing the company's valuation to $25 billion. Rafique stated that the company adopted a conservative pricing strategy. He said, "Based on our revenue growth, licenses, and assets, I think we are undervalued." He added that this move was "very intentional" and related to long-term shareholder returns. These comments reflect broader market concerns about the performance of crypto companies in public markets. Rafique pointed out that at least one major publicly traded company has performed poorly since its IPO. He said, "I bought one share. That share is now down 50%. This is not a good thing; it's actually bad for the entire sector."