OK Blockchain Capital

Cryptocurrency Exchangeokcoin.com

OK Blockchain Capital (Okcoin/OKX) is a globally licensed cryptocurrency exchange offering spot trading, OTC block trading, mobile apps, and a V5 API to over 1 million retail and institutional customers across 191 countries, with multi-jurisdictional licensing in the US, EU, Singapore, and Hong Kong.

Company typePrivate
Founded2017
HeadquartersHong Kong, Hong Kong SAR China
Headcount51–100
GTM typeB2B and B2C
OfferingServices

What OK Blockchain Capital does

OK Blockchain Capital (operating commercially as Okcoin in the US, rebranding to OKX) is a globally licensed cryptocurrency exchange founded in 2017, providing spot trading, OTC block trading, and self-custody wallet services to retail and institutional customers across 191 countries. The platform supports BTC, ETH, USDT, and other digital assets via a self-serve web interface, iOS and Android mobile apps, and a V5 REST/WebSocket API covering spot trading, algo orders (trigger, iceberg, TWAP, trailing stop), OTC RFQ, fiat on/off-ramps (ACH, Silvergate SEN, PrimeX), sub-account management, and Lightning Network BTC deposits/withdrawals. Monthly proof-of-reserves reporting using on-chain verification is a stated transparency feature, alongside an Open Source Developer Grant Program that has committed over $1.5M to 11 Bitcoin ecosystem contributors since 2019.

The business operates under a multi-entity structure: Okcoin USA Inc. (NMLS #1767779, FinCEN-registered) in California, Okcoin Europe Ltd in Malta for EU/UK operations, OKX SG Pte. Ltd. in Singapore under a MAS exemption for digital payment token services, and Okcoin Technology Company Limited in Hong Kong. Revenue is generated primarily through transaction fees — standard tier charges 0.15% taker / 0.10% maker on spot trades, with VIP tiers (VIP1-VIP10) offering rebates for high-volume traders — supplemented by withdrawal/deposit fees and an affiliate/referral program distributing free BTC for user acquisition. Institutional revenue is captured through a dedicated OTC desk serving high-volume traders and family offices, while developer and ecosystem revenue is supported by API rate-limit tiering.

The go-to-market combines product-led growth (self-serve platform, mobile apps, API documentation) with enterprise field sales for institutional OTC clients and channel partnerships with Taxbit (tax reporting), Technisys (banking integration), Roundly X (payments), and custody providers. Geographic restrictions are limited to specific US states (NY, TX, HI, KY, NV, WV, and US territories other than Puerto Rico) plus OFAC-sanctioned jurisdictions. The 2023 announcement to rebrand US operations from Okcoin to OKX is intended to consolidate the global brand identity and bring self-custody wallet and web3 services to US customers, supported by OKX's existing ecosystem partnerships and sports/entertainment sponsorships.

OK Blockchain Capital firmographics

Firmographics

Name: OK Blockchain Capital
Legal name: Okcoin USA Inc.
Website: https://okcoin.com
Company type: Private
Founded year: 2017
Operating status: Operating
Headcount range: 51–100 employees
Short description: OK Blockchain Capital (Okcoin/OKX) is a globally licensed cryptocurrency exchange offering spot trading, OTC block trading, mobile apps, and a V5 API to over 1 million retail and institutional customers across 191 countries, with multi-jurisdictional licensing in the US, EU, Singapore, and Hong Kong.
Ownership category
akta.pro rank

OK Blockchain Capital industry classification

Industry

Product category: Cryptocurrency Exchange
NAICS: Securities and Commodity Exchanges (5232), Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (52321)
SIC: Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
akta.pro primary industry: Tokenized Securities & Capital Markets (Equity, Debt, Funds) (FSADAEAA)
akta.pro secondary industries: Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls) (FSAPAIAE), Smart Contract Wallets & Account Abstraction (FSADACAF), Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH)

Keywords

Cryptocurrency exchange
Blockchain services
Spot trading platform
Digital asset trading
OTC trading desk

Where OK Blockchain Capital is headquartered

Location

Headquarters

HQ city: Hong Kong
HQ country: Hong Kong SAR China
HQ region: Asia

Offices8 records

Markets served

OK Blockchain Capital business model

Business model

GTM type: B2B and B2C
Offering type: Services
Cost components: Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

Trading Fees: Maker and taker fees on spot trades. Taker fee rate: -0.0015 (0.15%), Maker fee rate: -0.001 (0.1%) for standard tier. VIP tiers provide rebates (positive rates) for high-volume traders.
Withdrawal/Deposit Fees: Fees charged for crypto withdrawals and fiat deposits/withdrawals through various channels (ACH, Silvergate SEN, PrimeX).
API Services: Tiered API access with rate limits. VIP4+ users get access to advanced order book channels (books-l2-tbt, books50-l2-tbt).
Referral Program: Free Bitcoin rewards for referring friends through affiliate program.

Pricing tiers

Model	Billing	Price
Transaction based/ take rate	Pay-as-you-go	Standard Tier (Lv1-Lv5)
Transaction based/ take rate	Pay-as-you-go	VIP Tiers (VIP1-VIP10)

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

OK Blockchain Capital product offering

Product offering

Core offering

OK Blockchain Capital is a private blockchain services firm founded in 2017 and headquartered in Hong Kong that provides fully-integrated services for blockchain projects through the Okcoin/OKX cryptocurrency exchange platform. The platform enables retail and institutional clients to buy, sell, and trade digital assets via spot trading, an OTC trading desk, a V5 REST and WebSocket API, and iOS/Android mobile apps, with fiat on/off-ramps through ACH, Silvergate SEN, PrimeX, and other channels. It is licensed or registered in the US, EU (Malta), Singapore, and Hong Kong and serves customers in 191 countries.

Product overview

Okcoin is a globally licensed cryptocurrency exchange offering a unified platform for buying, selling, and trading digital assets. The core product suite includes spot trading, OTC services for institutional clients, and a mobile application. The platform integrates V5 REST/WebSocket APIs for developer access, along with supporting features such as a referral program, affiliate system, tax center, and proof-of-reserves transparency reporting. A developer grant program supports Bitcoin ecosystem development. The company is undergoing a rebrand from Okcoin to OKX in the US market.

Differentiator

Problem solved

Functional benefit

Brands

OKX: Global cryptocurrency exchange brand serving international markets, with ecosystem partnerships, web3 innovations, and sports/entertainment sponsorships.

Products and services

Spot Trading Platform
Buy/Sell Crypto
OTC Trading Desk
V5 Trading API
Mobile Trading App

Quantifiable outcome

Serves customers in 191 countries
+3 more outcomes

Companies that use OK Blockchain Capital

Customer profile

Named customers11 records

Segments4 records

Ideal customer profiles3 records

OK Blockchain Capital technology and API

Technology

Technology focussed Yes

API detail

Has API: Yes
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

OK Blockchain Capital partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered core and featured.

BrinkcoreStrategic or Co-development Partner · 1 January 2019Nonprofit Bitcoin R&D center offering financial support, education, and mentorship to Bitcoin developers. Okcoin has provided grants to support their mission of advancing Bitcoin protocol development.
Open SatscoreStrategic or Co-development PartnerPartnership between Okcoin and Open Sats for giving back to Bitcoin ecosystem through developer grants.
VinteumcoreStrategic or Co-development PartnerNon-profit Bitcoin research and development center dedicated to training and supporting Bitcoin developers in Brazil and Latin America region.
QalacoreStrategic or Co-development PartnerBitcoin training program for African developers creating pathways for software developers to transition into building for Bitcoin and Lightning.
TaxbitfeaturedTechnology or IntegrationTaxbit connects digital asset transactions at Okcoin so individuals and enterprises can accurately file their taxes. Integration provides seamless tax reporting for Okcoin users.
TechnisyscoreTechnology or IntegrationTechnisys enables banks and fintechs to integrate cryptocurrency services into existing digital offerings, helping banks meet customer demands for crypto services.
Roundly XfeaturedTechnology or IntegrationRoundly X allows users to purchase Bitcoin and other digital assets with spare change roundups, integrating Okcoin for investment functionality.
BTCPay ServercoreStrategic or Co-development PartnerSelf-hosted open-source cryptocurrency payment processor. Okcoin grant recipient supporting Bitcoin adoption through increased utility for global merchants.
Custody ProviderscoreTechnology or IntegrationOkcoin partners with custody providers to offer secure wallet solutions for institutional and retail users.
Banking PartnerscoreChannel Partner/ Reseller/ DistributorOkcoin offers onramp solutions for retail and institutional banking partners worldwide for fiat-to-crypto conversions.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

OK Blockchain Capital competitors and assessment

Company assessment

Direct peers

HTX (Huobi): Global cryptocurrency exchange (formerly Huobi) serving retail and institutional clients with spot, derivatives, and OTC. Asia-rooted competitor comparable to Okcoin's regional positioning in Hong Kong and APAC.
Kraken: US-based cryptocurrency exchange with spot trading, OTC desk, staking, and institutional Pro services. Competes head-to-head with Okcoin in US retail and institutional segments, with similar regulatory positioning.
Coinbase: Largest US-regulated cryptocurrency exchange offering spot trading, OTC, custody, and institutional services. Direct competitor across retail, institutional, and API segments, with comparable US licensing footprint.
Bitstamp: Europe-headquartered cryptocurrency exchange with strong EU regulatory licensing (Luxembourg). Direct competitor in EU/UK retail and institutional trading with comparable regulatory-first positioning.
Crypto.com: Global cryptocurrency exchange with retail app, OTC desk, and Visa card ecosystem. Competes with Okcoin across retail trading, mobile experience, and global geographic coverage.
Binance: Global cryptocurrency exchange by volume offering spot, derivatives, and OTC services. While facing significant US regulatory pressure, it competes globally in the same retail and institutional exchange market as Okcoin/OKX.
Bybit: Global cryptocurrency exchange with strong derivatives and spot offering. Direct competitor for international retail and high-volume traders, with overlapping VIP tier and OTC infrastructure.
Gemini: US-regulated cryptocurrency exchange founded by the Winklevoss twins, serving retail and institutional clients with spot trading and custody. Comparable in regulatory-first positioning, geographic scope, and target customer mix.

Others

Circle: USDC issuer and regulated digital asset infrastructure provider. Adjacent rather than competitive, but increasingly overlapping as Circle expands into exchange, trading, and on-chain financial services.

Broad incumbents

Robinhood Crypto: US retail brokerage with embedded crypto trading as part of a broader multi-asset platform. Competes for the same US retail crypto-buying audience as Okcoin, but crypto is one product within a much larger financial super-app.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

OK Blockchain Capital compliance and trust

Trust signal

Compliance4 records

OK Blockchain Capital financial estimates

Financial estimate

Revenue estimate

Valuation estimate

OK Blockchain Capital leadership team

Management profile

Number of profiles

OK Blockchain Capital funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

OK Blockchain Capital M&A and investment

M&A and investment

M&A

Investments15 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OK Blockchain Capital

What does OK Blockchain Capital do?

Is OK Blockchain Capital a public or private company?

OK Blockchain Capital is a private company. It is classified as unknown and is currently operating.

When was OK Blockchain Capital founded?

OK Blockchain Capital was founded in 2017. It employs 51 to 100 people.

Where is OK Blockchain Capital based?

OK Blockchain Capital is headquartered in Hong Kong, Hong Kong SAR China, in the Asia region.

How does OK Blockchain Capital make money?

Four revenue lines are on record. Trading Fees are the primary driver. The others are withdrawal/Deposit Fees, API Services and referral Program.

Who are OK Blockchain Capital's main competitors?

Direct peers on record are HTX (Huobi), Kraken, Coinbase, Bitstamp, Crypto.com, Binance, Bybit and Gemini. Circle is listed as an others. Robinhood Crypto is listed as a broad incumbent.

Does OK Blockchain Capital have an API?

Yes. Okcoin provides a V5 REST and WebSocket API for trading needs. The API is applicable to Unified accounts only. REST API supports endpoints for Trade (place order, place multiple orders, cancel order, amend order, get order details, algo orders), Funding (get currencies, get balance, funds transfer, deposit/withdrawal including lightning deposits/withdrawals), Account (get balance, get bills, get fee rates, get maximum withdrawals), OTC-Desk RFQ, Fiat (deposit/withdrawal with PrimeX, PrimeX US, PrimeX Europe, Silvergate SEN, Silvergate SEN HK, ACH), SubAccount management, Market data (tickers, order book, candlesticks, trades, oracle, exchange rate), and Public data (instruments, system time). WebSocket API supports both public channels (tickers, candlesticks, trades, order book, instruments, status) and private channels (account, orders, algo orders). Authentication uses OK-ACCESS-KEY, OK-ACCESS-SIGN, OK-ACCESS-TIMESTAMP, and OK-ACCESS-PASSPHRASE headers. Rate limits vary by endpoint (e.g., 60 requests per 2 seconds for place order, 300 orders per 2 seconds for batch orders). Production URLs: REST at https://www.okcoin.com/, Public WebSocket at wss://real.okcoin.com:8443/ws/v5/public, Private WebSocket at wss://real.okcoin.com:8443/ws/v5/private. Developer documentation is at www.okcoin.com/docs-v5/en.

What industry is OK Blockchain Capital in?

OK Blockchain Capital's product category is Cryptocurrency Exchange. Its primary akta.pro industry code is FSADAEAA, Tokenized Securities & Capital Markets (Equity, Debt, Funds), with a secondary code of FSAPAIAE, Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls). Its NAICS code is 5232 and its SIC code is 6200.