Highlight Clip: Star Xu: Exchanges Should Earn From Tech and Services, Not Customer Funds Star Xu: Exchanges Should Earn From Tech and Services, Not Customer Funds In an interview on the New Era Finance Podcast, OKX founder and CEO Star Xu recalled that his team had engaged with…
ree Arrows Capital, which proposed a way to earn yield, but he expressed no interest. He also turned down requests from other prime brokers for credit lines and delayed liquidation
He believes exchanges should earn money from their technology and services rather than customer funds. Even as assets under management grow rapidly, safeguarding customer funds remains, in his view, the most important principle for navigating market cycles. — link