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Market News

OKX Set To Expand Into Australia With Plans For A New Office

OKX, a prominent provider of Web3 technology and the second-largest cryptocurrency exchange, will open an office in Australia.

Written By Dhara Chavda Dhara Chavda
Published 2023-03-30
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OKX Set To Expand Into Australia With Plans For A New Office

In the upcoming months, OKX, a prominent service provider in crypto industry and the second-largest cryptocurrency exchange by trading volume, will open an office in Australia. The announcement was made at an exclusive event for Australia’s crypto community at the Melbourne Arts Centre.

The Australian Grand Prix, which starts on March 30, will feature McLaren’s F1 Team cars sponsored by OKX that will be driven by Oscar Piastri and Lando Norris. 

The chief marketing officer of OKX, Haider Rafique, stated: “Our ambition is straightforward – to become the leading crypto platform in the world.”

Australian Formula One driver and OKX Ambassador Daniel Ricciardo expressed his excitement about the company’s plans to open an office in his country. 

Ricciardo said, ”I’m very excited to see OKX plan an office in my home country. I had a great time celebrating with the OKX team and the crypto community today. The future looks bright for OKX in Australia.”

Scotty James, Australian Olympic snowboarder and OKX Ambassador, said: “Crypto never sleeps, and OKX continues to build its community. Australia is a special place for crypto.”

OKX’s commitment to trust and transparency is showcased by its publishing of Proof of Reserves (PoR) on a monthly basis. OKX holds the largest 100% clean reserves among major exchanges at USD$8.9 billion

Also read: Russia blocks access to Crypto Exchange OKX’s Website

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dhara Chavda
By Dhara Chavda
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Dhara Chavda is a Research Analyst at The Crypto Times. She covers U.S. crypto regulation — including the CLARITY Act and GENIUS Act — DeFi security and major protocol exploits, and investigations into crypto fraud and enforcement actions. Her work emphasizes primary sourcing and on-chain verification over secondary commentary. Dhara joined The Crypto Times in 2020 and has followed every major market cycle since — the 2021 bull run, the 2022 Terra and FTX collapses, the 2023 banking turmoil, the 2024 spot Bitcoin ETF launch, and the 2025–2026 regulatory cycle — first assigning and reviewing the desk's coverage, and now writing it herself. Her reporting has been cited by international outlets including TheStreet and Argentina's La Nación. She holds a Bachelor of Engineering in Computer Engineering from Gujarat Technological University (GTU), which informs her technical reporting on on-chain data, smart contract analysis, and protocol architecture.

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