Cryptocurrency exchange OKX reported a 53-fold increase in trading volume across its licensed and regulated markets in 2025, attributing the surge primarily to its expansion into the United States and the European Economic Area.
The company said internal data showed daily active wallets doubled over the past year, with an average of around 190,000 new wallets being created each day on its platform.
OKX noted that decentralised exchange activity on its platform rose by 262% globally, while centralised trading volumes increased by 16% over the same period.
The exchange linked its growth to an operating strategy centred on securing licences and entering regulated jurisdictions rather than relying on offshore markets.
In Europe, OKX expanded across the European Economic Area in January after receiving approval under the European Union’s Markets in Crypto-Assets framework, commonly known as MiCA.
The MiCA regime introduced a single licensing structure that allows approved crypto service providers to passport services across all EU member states.