OKCoin is developing an exchange platform with a mission to make crypto investing and trading more accessible to anyone around the world. The company said that it is building the next generation of tools to help new investors and traders to participate in the crypto economy. According to its LinkedIn page, OKCoin is a globally licensed exchange with offices in San Francisco, Malta, Hong Kong, and Singapore. Some of their services are fiat to crypto trading with major digital assets including but not limited to Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin.
According to its Crunchbase page, OKCoin has millions of users in more than 100 countries around the world. The company was founded in 2013, and since then provides traders and institutions with a fiat-to-token trading platform for digital assets. The company’s major offering is the fast trades platform and customer-friendly support. It has a dedicated mission to help eliminate trading barriers and improve transaction efficiency and at the same time comply with the regulatory standards in the US and the world.
OKCoin has raised a total of $10M in funding over 2 rounds. The latest funding round was finished on December 15, 2017. It was funded by five key investors, including Giant Network and PreAngel. In addition to that, OKCoin also acts as an investor for various projects, such as when they participate in the Mythical Games funding round on November 15, 2018. At the time of writing, OKCoin has 6 core members, including Head of Financial Markets Wilfred Daye.