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OKX to Establish Office in Turkey as Part of Global Expansion Plans

8 May 2023
in Latest News, News
Reading Time: 3 mins read
104 5
Home News Latest News

OKX has announced its plans to establish an office in Turkey in the coming months. The company made the announcement just before the Blockchain Economy Istanbul Summit 2023, where it serves as a Title Sponsor and Premium Partner.

According to the company press release, OKX’s President Hong Fang, Chief Innovation Officer Jason Lau, and Chief Marketing Officer Haider Rafique will give keynote speeches and participate in panel discussions at the Summit. They will emphasize Turkey’s importance in OKX’s global expansion and their confidence in the country’s capacity for Web3 and blockchain innovation. 

OKX President Hong Fang stated that establishing an office in Turkey is critical as the company transitions from a trust-based system to a trustless one that allows users to take charge of their financial future. 

Fang emphasized the significance of Turkey’s market for OKX and expressed enthusiasm about developing robust relationships with users while contributing to the growth of the country’s cryptocurrency ecosystem.

According to Jason Lau, the Chief Innovation Officer of OKX, Turkey is becoming an increasingly important hub for innovation and blockchain expertise, with a sizeable user base that demonstrates a significant interest in cryptocurrencies. 

Lau believes that by setting up a physical office in Turkey, OKX will gain a deeper understanding of their Turkish users’ requirements and positively contribute to the development of the country’s crypto community.

In March 2023, OKX announced its plans to expand its crypto services to Australia, which it considers a crucial growth market. The company intends to establish a local office in Australia to serve the market because it views the city as important in achieving its goal of becoming the top global cryptocurrency platform. Haider Rafique, the Chief Marketing Officer at OKX, emphasized the significance of Australia in achieving this objective, noting the country’s high adoption rate of cryptocurrencies.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Favour Udeo

Favour is a writer, who is interested in blockchain, DeFi, and Web3 in general. She finds machine learning and emerging technologies interesting.

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