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Star Xu

From Wikipedia, the free encyclopedia
Star Xu
Born1985 (age 39–40)
Other namesStar Xu
Alma materUniversity of Science and Technology Beijing (BSc.)
OccupationBusinessman
Known forFounder and CEO of OKX
Star Xu
Traditional Chinese徐明星
Simplified Chinese徐明星
Transcriptions
Standard Mandarin
Hanyu PinyinXú Míngxīng

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]

Education and early career

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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

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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 in a listing attempt for OKX.[10] Leap has been rebranded to OKG Technology Holdings Limited and moved its headquarters to Beijing.[5]

In 2021, an Entrepreneur article estimated his personal net worth at US$1.4 billion.[11]

References

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  1. ^ Birnbaum, Justin (July 10, 2022). "Crypto Exchange OKX Is Paying $20 Million-Plus To Sponsor Manchester City Training Kit This Season". Forbes. Retrieved 2025-10-31.
  2. ^ Lau, Jeff John Roberts,Yvonne. "The making of Binance's CZ: An exclusive look at the forces that shaped crypto's most powerful founder". Fortune Crypto. Retrieved 2025-10-31.{{cite web}}: CS1 maint: multiple names: authors list (link)
  3. ^ "1985年,OKX徐明星出生于江苏省洪泽县黄集镇双涧村". Zhihu.
  4. ^ "透视徐明星背后的欧科云链本质-北京科技大学新闻网". news.ustb.edu.cn. October 16, 2020. Retrieved 2025-10-31.
  5. ^ a b c Fang, Shihan (September 29, 2022). "Crypto exchange OKX looks to turn a new leaf". Tech in Asia. Retrieved 2025-11-01.
  6. ^ sina_mobile (2018-07-18). "对话徐明星:和OKEx没有关系 对人性的估计远远不够". finance.sina.cn. Retrieved 2025-11-01.
  7. ^ Ossinger, Joanna; Huang, Zheping (November 19, 2020). "Chinese Crypto Mogul Emerges After Probe That Forced OKEx Halt". Bloomberg.
  8. ^ Yang, Yueqi (June 22, 2025). "Crypto Is the Hottest Investment, in the Stock Market". The Information. Retrieved 2025-10-31.
  9. ^ Lam, Eric (May 14, 2018). "OKEx CEO Resigns Just as Crypto Exchange Becomes World's Biggest". Bloomberg. Retrieved 8 January 2019.
  10. ^ "BRIEF-OK Group Founder Acquires Stake In Leap Holdings On Jan 10 - HKEx Filing". Reuters via Yahoo News. 2019-01-17. Retrieved 2025-11-01.
  11. ^ Zafar, Tanveer; Bova, Dan (November 29, 2021). "The 50 Richest People in Crypto". Entrepreneur. Retrieved October 31, 2025.