OKX has rolled out a dedicated platform for Australia’s self-managed superannuation funds (SMSFs), aiming to streamline access to digital assets within the country’s $4 trillion retirement system.
OKX Introduces Retirement Investing Crypto Platform in Australia
15 September 2025 - 18:17 CEST
Kate Cooper, CEO of OKX Australia, said the service was developed in consultation with trustees and professionals, offering custody, multi-signature security, and proof-of-reserves reporting across 22 tokens.
The goal of the platform is simplicity, according to Cooper. “Our aim is to make engaging with digital assets through an SMSF more straightforward, with robust infrastructure and dedicated local support,” she said in a statement posted to OKX’s website.
Growing sector
While still small relative to the sector, digital assets are now one of the fastest-growing components of superannuation portfolios. Data from the Australian Prudential Regulation Authority shows that SMSFs grew 5.5% between June 2024 and June 2025.
According to an Australian Tax Office report, SMSF crypto allocations grew from AU$198 million (US$132 million) in March 2020 to AU$3 billion (US$1.9 billion) in March 2025.
OKX, an international platform for buying and selling crypto assets and derivatives, is not alone in moving into the SMSF space. According to an August report from Bloomberg, Coinbase is also looking to open a dedicated platform as well. John O’Loghlen, Coinbase Asia-Pacific managing director, told the publication that there are more than 500 people currently on the waiting list for its SMSF service.
Rigid regulatory regime
Australia has been a thorny regulatory regime for crypto recently.
The launch comes as regulators and fund managers debate the role of crypto in retirement strategies, with SMSFs increasingly seen as a channel for broader adoption. In its announcement, OKX placed a clear emphasis on the regulatory compliance of the new product, highlighting the fact that it is Australian Transaction Reports and Analysis Centre (AUSTRAC) registered.
In December 2024, the Australian Securities and Investment Commission (ASIC) sued a local business of the crypto exchange operator Binance, alleging its retail customers weren’t sufficiently protected. The company was also recently ordered to undergo a third-party audit by AUSTRAC. In June 2025, AUSTRAC denied one crypto ATM operator’s licence renewal.
