Star Xu: Exchanges should profit from technology and services, not from customer funds
2026-10-23 08:00:57
According to CoinMeta, the founder of OKX and also CEO Star Xu stated in an interview with New Era Finance Podcast that exchanges should rely on technology and services to generate profits, rather than using customer funds. He recalled that the team had contacted Samruk Capital, which proposed a scheme for generating revenue, but he expressed no interest. At the same time, he rejected requests from other principal brokers for credit limits and delayed settlements. He emphasized that even though the assets managed by the platform are growing rapidly, ensuring the safety of customer funds remains the most important principle when navigating through industry cycles.
Source:X
This content is for market information only and does not constitute investment advice.
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