OKX President Predicts Surge in Self-Custody Adoption for 2025

OKX President Hong Fang discussed the shift towards self-custody in crypto during an interview with CoinDesk. Key points include:

Increased institutional adoption and popularity of crypto ETFs are positive but may highlight custody concentration risks.
Fang predicts a rise in self-custody adoption among native crypto users this year.
Assets in OKX's self-custody wallets total almost $50 billion, surpassing $30.8 billion on its centralized exchange.
OKX DEX volume has surged by 20 times, indicating growing interest in decentralized exchanges (DEXs).
Fang sees DEXs and centralized exchanges (CEXs) as complementary, catering to different user needs.

Regarding potential national bitcoin strategic reserves under a new administration, Fang expressed skepticism about large countries adopting such policies, although smaller nations might consider them.

The overarching concern remains over-centralization in crypto, which Fang believes can be mitigated through self-custody practices, gaining traction in the market.