OKX Restructures Global Institutional Business With Major Team Reductions

On 10 January 2026, OKX confirmed it had overhauled its global institutional business, resulting in a notable reduction in staff. People familiar with the matter indicated that around one-third of the institutional sales team left, with estimates of eight to ten layoffs alongside voluntary departures. The exchange says the move follows a strategic review and aims to adopt a more traditional coverage model for institutional clients.