Star Xu
Chinese business executive (born 1985)
From Wikipedia, the free encyclopedia
Mingxing Xu (Chinese: 徐明星; pinyin: Xú Míngxīng; born 1985), commonly referred to as Star Xu, is a Chinese businessman best known as the founder and CEO of OKX.[1][2]
Star Xu | |
|---|---|
| Born | 1985 (age 40–41) Shuangjiang, Tongdao, China |
| Other names | Star Xu |
| Alma mater | University of Science and Technology Beijing (BSc.) |
| Occupation | Businessman |
| Known for | Founder and CEO of OKX |
| Star Xu | |||||||
|---|---|---|---|---|---|---|---|
| Traditional Chinese | 徐明星 | ||||||
| Simplified Chinese | 徐明星 | ||||||
| |||||||
Education and early career
Xu was born in Shuangjiang, Tongdao, in Hunan, China[3][unreliable source?] and graduated in 2006 with a Bachelor's degree in Applied physics from the University of Science and Technology Beijing. Xu dropped out of his Master’s degree in Physics from the Renmin University of China[4] to found Wantuan.com, a group buying website. He later joined Yahoo China as an engineer.[5]
In 2007, Xu co-founded the document-sharing website Docin.com and served as its chief technology officer (CTO) until 2012.[5][6]
Career
In 2013, Xu co-founded cryptocurrency exchange Okcoin,[7] which was later rebranded to OKX, which Xu officially launched in 2017 in Hong Kong.[8]
By 2018, OKX became the world's largest cryptocurrency exchange.[9]
In 2019, Xu acquired a controlling stake in Leap Holdings, a Hong Kong Stock Exchange-listed firm, for US$60 million.[10] Leap has been rebranded to OKG Technology Holdings Limited, a financial technology and construction company.[5][11]
In 2021, an Entrepreneur article estimated his personal net worth at US$1.4 billion.[12]