OKX's Chief Marketing Officer, Haider Rafique, revealed in an interview with Decrypt that the exchange's US sister exchange (formerly known as OKCoin, now rebranded as OKX) plans to launch a brand new mobile app this fall as part of a complete relaunch. The new app will replace the existing OKCoin app and migrate OKCoin users to the new platform.

Rafique emphasized that this is a completely new product, not just a rebranding. The new app is expected to be launched in the coming months and is currently in talks with multiple US banks for partnerships. The US version of OKX plans to operate in 41 states and hopes to support ACH transfer functionality.

It's worth noting that the US version of OKX had temporarily suspended USD deposits in early 2023. This relaunch aims to re-establish banking partnerships.