TLDROKX said it will not rush into a U.S. IPO and will wait until it can deliver shareholder value.Haider Rafique said the company will only go public when it has confidence in long-term returns.OKX secured a strategic investment linked to Intercontinental Exchange that valued the company at $25 billion.Rafique said the firm intentionally priced the funding round conservatively despite strong revenue growth.He warned that poor stock performance by listed crypto firms has hurt the industry’s image.OKX said it will not hurry into a U.S. IPO as it expands global operations. A senior executive linked the timing to shareholder returns and market performance. The company instead plans long-term growth across regions and tokenized finance.OKX Ties IPO Plans to Shareholder Value and Market TimingHaider Rafique said OKX will enter public markets only when it can deliver shareholder value. He spoke during the Digital Asset Summit in New York on Thursday. He said, “We will go public when we have confidence that we can give back shareholder value.”He added that the firm will avoid listing without that confidence and clear performance targets. He said, “If we are not confident, there is no desire to go public.” He linked the approach to long-term planning and measured expansion.OKX recently secured a strategic investment linked to Intercontinental Exchange, which owns the New York Stock Exchange. The deal valued OKX at $25 billion, according to Rafique. He said the company priced the round conservatively despite revenue growth.He said, “We did underprice ourselves when you look at our revenue growth and licenses.” He added that the pricing decision was intentional and tied to long-term returns. He said the company focused on durability over short-term valuation gains.Rafique also referenced poor public market performance by crypto firms. He said he bought one share in a major listing that later fell 50%. He said, “That’s not a good thing, and that’s bad for the category.”He did not name the company during the discussion. However, Coinbase trades nearly 50% below its 2021 IPO price. Other crypto-linked stocks have also faced price swings since listing.Global Expansion and Tokenized Assets Drive OKX StrategyRafique warned that careless listings could hurt the broader crypto sector. He said, “If we treat going public like we treated ICOs, we are doomed.” He compared rushed IPOs to the release of millions of tokens last year.He said OKX plans to build the company over 20 or 30 years. He described the IPO decision as tied to durability rather than timing. He said the firm wants stable growth before entering public markets.OKX operates across Europe, Latin America, Asia, and other regions. Rafique said the exchange ranks among top venues in crypto derivatives. He contrasted that reach with U.S.-focused rivals like Coinbase and Kraken.He said international exchanges benefit from liquidity across time zones. He said, “Our unified order book becomes a strong competitive advantage.” He added that this structure supports trading during U.S. off-hours.The company also targets tokenized financial assets and blockchain infrastructure. Its partnership with Intercontinental Exchange supports plans to bring equities and other assets onchain. Rafique said OKX will act as a distribution layer for those products.The post OKX Delays U.S. IPO, Cites Weak Crypto Listings appeared first on Blockonomi.