OKX President Hong: OKX's self managed wallet assets have exceeded CEX's assets

OKX President Hong stated in an interview with CoinDesk that discussions surrounding the adoption of cryptocurrency institutions and the risks of centralized custody are driving a significant increase in the popularity of self custody. Hong pointed out that although the adoption of encrypted assets by institutions and the rise of encrypted ETFs are positive signals for industry development, these trends have also raised concerns about the risk of custody concentration. She emphasized that in this context, self hosting as a more secure and transparent solution will increasingly be favored by native encryption users. Hong revealed that the total assets held in OKX platform's self managed wallet are nearly 50 billion US dollars, surpassing the total assets of its centralized exchange of 30.8 billion US dollars. This trend reflects users' increasing emphasis on asset security and autonomy. She also mentioned that in 2025, there will be more educational activities in the industry to help users understand the importance of self hosting and how to use it. At the same time, more self hosting products will be launched to simplify the user experience and reduce related technical barriers and risks.