News center > 7*24H News > Featured > Context
OKX President Hong: OKX self-custody wallet assets have exceeded CEX assets
Editor
6 hours ago 2,742
According to news on January 23, OKX President Hong said in an interview with CoinDesk that discussions surrounding the adoption of cryptocurrency institutions and the risks of centralized custody are driving a substantial increase in the popularity of self-custody. Hong pointed out that while institutional adoption of crypto-assets and the rise of crypto-ETFs are positive signs for the industry, these trends also raise concerns about the risks of custody concentration. She emphasized that in this context, self-hosting, as a safer and more transparent solution, will become increasingly popular among crypto-native users. Hong revealed that the current total assets held in the OKX platform’s self-custody wallets are nearly 50 billion US dollars, which has exceeded the total assets of its centralized exchanges of 30.8 billion US dollars. This trend reflects users’ increasing emphasis on asset security and autonomy. promote. She also mentioned that in 2025, there will be more educational activities in the industry to help users understand the importance of self-hosting and how to use it. At the same time, more self-hosting products will be launched to simplify the user experience and lower the relevant technical thresholds. and risks.
Keywords: Bitcoin
Share to: