TREE NEWS update: OKX founder and CEO Star said at the OKX NOW global product and ecosystem conference in Singapore on October 6 that the exchange is evolving from a crypto trading venue into a global fintech platform spanning custody, payments, investing and wealth management. Star said global financial institutions including ICE and NYSE, Standard Chartered, Ripple and Circle have taken equity stakes in OKX, and that AI is now core infrastructure, with roughly 95% of engineering code merge requests handled through AI workflows.
OKX’s Star Says Crypto, Internet and AI Are Converging Into Next-Gen Finance
The notable shift here is not OKX's product expansion but the equity participation of traditional market infrastructure and banking names — that signals crypto venues are being absorbed into mainstream finance rather than disrupting it from outside. Star's claim that AI now handles the overwhelming majority of engineering work is the more consequential detail: it reframes AI as operational plumbing for exchanges, not a trading narrative. Whether that level of AI-driven development scales without governance problems, and whether institutional backing translates into real integration rather than passive stakes, are the open questions worth watching.
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