Oryon
Portfolio indexActive · Growth · 2022
ActiveFinancial rails

OKX

CategoryCeFi · Exchange
HeadquartersDubai
FoundersStar Xu
— Overview

OKX is a top-three global exchange offering spot, derivatives, and Web3 wallet services to 50M+ users across 180+ countries. The company operates under multiple regulated entities including a full VARA licence in Dubai and MAS operations in Singapore.

The Web3 wallet, launched in 2022, has become one of the largest self-custody wallets globally with native DEX aggregation, cross-chain swaps, and NFT trading — bridging OKX's centralized user base into on-chain activity.

The 2025 institutional prime brokerage rollout has brought OKX into direct competition with traditional prime brokers, with major hedge funds now routing derivative flow through OKX Prime.

— By the numbers
50M+
Users
$18B
Daily volume
180+
Countries
2017
Founded
— Investment
Round
Growth 2022
Our role
Participant
Co-investors
Sequoia China · Undisclosed
— Our thesis

The global exchange with the deepest integrated on-chain product story. We participated in the growth round following the Web3 wallet launch.

— Team
SX

Star Xu

CEO & Founder
HF

Hong Fang

President
LL

Lennix Lai

Chief Commercial Officer
EG

Erald Ghoos

Chief Compliance Officer
— Timeline
  1. 2017Founded by Star Xu
  2. Q2 2022Web3 wallet launch
  3. Q4 2022Oryon growth investment
  4. Q3 2025OKX Prime institutional rollout
— Latest update

50M+ users. Institutional prime brokerage live with major hedge fund clients.

— In the press

OKX's integrated CeFi-DeFi product is the closest anyone has come to solving the two-worlds problem.

The Block, 2024