OKX Introduces Regulated Crypto Platform for SMSFs Tailored for Australian Retirees

OKX, a prominent cryptocurrency exchange, has launched a new platform specifically designed for self-managed superannuation funds (SMSFs) in Australia. This initiative aims to provide tools that simplify the management and reporting of digital assets, tapping into Australia’s substantial A$4.3 trillion retirement savings market.

Key Takeaways

OKX has launched a platform for SMSFs in Australia to simplify the management of digital assets.
The platform is registered with AUSTRAC and offers tools for trustees and service providers.
Key features include tailored interfaces, portfolio dashboards, and local customer support.
The SMSF market is increasingly attractive to younger Australians interested in retirement planning.
Regulatory warnings persist regarding the risk of treating superannuation as a speculative investment.

OKX launches regulated SMSF-focused crypto platform for Australian retirees - 1

OKX Launches New SMSF-Centric Crypto Platform

OKX has officially launched a platform tailored for self-managed superannuation funds (SMSFs) in Australia, seeking to access the country's extensive A$4.3 trillion retirement savings pool. This announcement was made on September 15 by Kate Cooper, the CEO of OKX Australia.

The platform is registered with AUSTRAC and is designed to provide trustees and service providers with effective tools for purchasing, managing, and reporting on digital assets. Cooper noted that many trustees have struggled with makeshift solutions, utilizing spreadsheets and generic portals or relying on offshore support that lacks a solid understanding of SMSFs. According to her, these challenges can transform an investment decision into a compliance nightmare.

To address these issues, OKX has developed a user-friendly interface specifically catering to the needs of SMSF trustees. The platform's notable features include integrated portfolio dashboards, institutional-grade asset custody, real-time transaction tracking, and automated reports for compliance and auditing.

Cooper emphasized that the platform allows for a straightforward onboarding process, enabling new accounts to be established in just a few minutes. Furthermore, OKX has set up local support teams accessible via phone, email, or live chat, ensuring users receive assistance throughout the process.

“With OKX, SMSF trustees can benefit from an infrastructure that promotes compliance, transparency, and local support, making it easier to engage with digital assets,” Cooper stated.

Just earlier this month, reports emerged that OKX and its competitor Coinbase were looking to penetrate Australia’s retirement market. Both companies expressed to Bloomberg their anticipation of strong demand for SMSF-focused crypto platforms, particularly among younger Australians who prefer to control their retirement planning.

Coinbase reported that more than 500 investors had already signed up for the waitlist for its forthcoming SMSF offering, which is still pending announcement.

While SMSFs make up only a segment of Australia’s pension landscape, they manage a substantial portion—approximately one-quarter—of the A$4.3 trillion retirement market.

Despite a slight reduction in SMSF crypto investment over the past year, with total holdings dropping from A$3.119 billion in 2024 to A$3.018 billion in mid-2025, interest remains high. Australian regulators have issued multiple warnings since 2019 to clarify that superannuation is intended for income during retirement, not as a speculative investment. Last year, ASIC, the country’s securities regulator, took action against blockchain mining companies that had encouraged transfers from regulated superannuation funds to SMSFs for cryptocurrency conversion.

Nonetheless, the appetite for cryptocurrency in SMSFs is still strong, with total holdings rising by 40% compared to figures reported in 2023.