EddieJayonCrypto

 19 Sep 24

tl;dr

OKX, the U.S.-based sister crypto exchange of OKCoin, plans to launch a new mobile app in the fall, replacing the existing OKCoin app. The new app, under the OKX brand, is a separate product and will include a migration of OKCoin app users. OKX aims to onboard U.S. banks and launch with automated cl...

OKX’s U.S.-based sister crypto exchange, OKX, is set to launch a new mobile app in the fall, replacing the existing OKCoin app. The new OKX app, a separate product under the OKX brand, will include a migration of OKCoin app users and aims to onboard U.S. banks for automated clearing house (ACH) transfers. Expected to be available in 41 states, the new OKX app represents a consolidation of the U.S.-based exchange and its non-U.S. counterpart. The launch of the new app is part of OKX’s broader relaunch and is not a rebranding of the OKCoin app. Users have already begun preparing for the migration, and the company expects to launch the new app for U.S. users in the next couple of months. The team is working on onboarding “a few” U.S. banks and aims to offer ACH transfers, deepening the consolidation with their non-U.S. counterpart.

More about Masco Corporation
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Masco Corporation is a manufacturer of products for the home improvement and new home construction markets.

Sector: Manufacturing

Industry: Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures

Market Cap: 17.83B

P/E Ratio: 19.97

EPS: 1.155

ROE: 4.09%

52-Week High: 35.49

52-Week Low: 0.116

Revenue: 7.878B

Operating Margin: 8.26%

Dividend: 0.009

Beta: -0.017

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