Star Xu, founder and CEO of OKX, delivered an insightful speech on the future of the cryptocurrency industry and artificial intelligence (AI).
He participated in a video link and shared his thoughts on the growth and advancement on the crypto industry. He also shared some important insights from inside OKX and its role in the crypto space, and plans for the future.
A Decade of Opportunity for Crypto and AI
At the beginning of his speech, he straight away started by saying the potential both cryptocurrencies and AI have in the coming decade.
According to him, these are the two sectors of technology that have the most potential to impact commercial technology. This clearly and truly shows his belief in the crypto space and the AI space, even though both are still in their beginning stages.
Insights on the Crypto Industry
Xu mentioned several key pointers on the current state of the crypto industry. One of the main such points was his support of the term “cryptocurrency circle” rather than calling it an “industry park.”
Here, he pressured on the point of respecting the crypto industry and its inclusive nature as well. This shows his forward-thinking approach to even the most basic things like these.
Xu also talked about OKX’s development approach. He pointed out many areas where the platform can improved. He agreed that OKX might do more to strengthen OKB, its native token. He also accepted that its listing tactics have not been sufficiently assertive.
He further stressed the point that OKX only issues one token, OKB. This idea is shared by OKX Ventures, the platform’s venture capital arm. They are known for making a large number of investments in ventures that are not listed on the exchange.
Also Read: OKX Listing Ignites GOAT Price Surge
Xu highlighted the need for OKX to identify high-quality assets. According to him, the listing procedure is an essential way to find worthwhile projects.
Bitcoin’s Future and the Power of Holding BTC
Xu’s opinions on Bitcoin are also something that cannot be ignored. He reminded people about how many people first thought Bitcoin was too expensive when it was only $10, reflecting his days gone by in the cryptocurrency space. He does, however, think that Bitcoin’s value will keep rising.
He says that although the market cap of Bitcoin is still now a tenth of that of gold, the BTC ETF has already kept behind the gold ETF in terms of size. According to him, this shows good potential for the cryptocurrency industry.
Xu also emphasised how crucial it is to own Bitcoin. He advised both investors and traders to keep some Bitcoin on hand at all times.
The Future of OKX
Having said all that about the growing crypto industry, towards the end, Xu spoke about an interesting development in the future of OKX. He did not share much on it but assured me that an important announcement is coming this February.
Xu only hinted that this development will contribute heavily towards the industry growth and bring more innovation. It will also contribute towards mass adoption.
As for the future of OKX, Xu believes that the platform will continue to innovate and lead the way in the ever-evolving crypto landscape.
Also Read: OKX Announces Major 2025 Roadmap With 200 New Features, 800 Platform Upgrades