CEX initiates organizational restructuring in search of going public in the United States by 2026.

GateUser-6433627c · 2025-04-18T16:02:16+00:00

CEX recently underwent a multi-departmental restructuring and plans to go public in the United States in 2026. This is the second round of cuts following a 15% layoff in October 2024, aimed at implementing flat management. CEX is in discussions with investment banks such as Goldman Sachs and JPMorgan Chase regarding the listing, planning to raise expansion financing through the issuance of $1 billion in bonds. If the public offering is successful, CEX will become the second platform to be listed in the United States after another Crypto Assets trading platform.

GateUser-6433627c

2025-04-18 16:02:16

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On April 18, Decrypt reported that the Crypto Assets trading platform CEX has recently initiated a multi-departmental restructuring, reducing redundant positions and strengthening its core business lines. CEX responded that it is preparing for its 2026 listing in the United States, marking the second round of structural cuts since a 15% layoff in October 2024, aiming to implement a flat management structure. The SEC confirmed CEX’s listing plan after withdrawing a lawsuit against its parent company Payward Inc. in March, and it is currently negotiating with investment banks such as Goldman Sachs and JPMorgan to fund pre-listing expansion through the issuance of $1 billion in bonds. If successful in its U.S. listing, it would become the second listed American Crypto Assets trading platform after CEX.

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