OKX has lost two senior executives as the cryptocurrency exchange works to expand its global footprint.
Tim Byun, who served as global government relations officer at the company and Wei Lan, head of product, have left OKX, the report said, citing anonymous sources. Byun at one time served as CEO of OKCoin, the parent company's U.S. subsidiary.
The departures come as OKX has been attempting to expand its global footprint and acquire more customers outside of China. The exchange is one of the world's largest by trading volumes. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures.
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