According to @KookCapitalLLC, crypto exchange OKX is considering a U.S. initial public offering (IPO), a move confirmed by its Chief Marketing Officer, Haider Rafique. The report of this consideration triggered a significant, albeit brief, 9.8% price spike in OKX's native token, OKB, which jumped from around $50 to $55.11 before retracing. This potential IPO signals renewed confidence in the exchange's U.S. market strategy following a previous $500 million settlement with the Department of Justice. In separate news with significant implications for Ripple, Singapore-based and Nasdaq-listed Trident Digital (TDTH) announced plans to raise up to $500 million to create one of the world's first corporate treasuries centered on XRP. The firm intends to use the capital for long-term XRP holdings and yield-generating strategies, with deployment planned for the second half of 2025. This initiative could pioneer corporate adoption of XRP for treasury management, similar to how firms like MicroStrategy have adopted Bitcoin (BTC).