Skip to content
Section 1 of 3
Next: The move

· OKX's Singapore unit names former MAS official Gracie Lin CEO as it wins its full payments license

OKX Names Gracie Lin CEO of Its Singapore Unit

OKX SG named Gracie Lin chief executive on September 1, 2024, the same day it announced that the Monetary Authority of Singapore had granted the unit a full Major Payment Institution license.

Updated on 2 min read · 3 sources

The move at a glance

The Moves Ledger, event W0421
Role
CEO of OKX SGChief executive
Organization
OKX
In or out
InAppointed CEO of OKX SG
Became public
The first dated public source, UTC
A ring of keys hanging from the lock of an open door
A ring of keys hanging from the lock of an open door. Photo · Pexels
“OKX named Gracie Lin, a former official at the Monetary Authority of Singapore, chief executive of its Singapore unit on September 1, 2024, the day it announced the unit's full license. Does hiring the regulator's own alumna settle the question of trust in a market OKX calls core to its strategy?”

OKX SG named Gracie Lin chief executive on September 1, 2024, the day it announced that the exchange's Singapore entity had received a full Major Payment Institution license from the Monetary Authority of Singapore1. The license lets OKX SG offer spot crypto trading and cross-border money transfer services to customers in Singapore under the Payment Services Act. OKX called the license and Lin's hire "significant milestones" in a market it named a "core" part of its global strategy.

Two of OKX's 7 leadership moves on the record came in 2024

Leadership moves CryptoLately has verified at OKX, by year

  • 2024: 2
  • 2025, 2026

    Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.

    Read the chart as a table
    ItemValue
    20242
    20253
    20262

    26 CEO appointments on the record in 2024

    CEO appointments CryptoLately has verified, by year; 2026 through Oct. 2, 2026

    • 2024: 26
    • 2019, 2020, 2021, 2022, 2023, 2025, 2026

      Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.

      Read the chart as a table
      ItemValue
      20198
      20207
      20216
      202218
      202317
      202426
      202535
      202618

      The move

      OKX SG had secured in-principle approval for the license back in February 20241. The release announced the full grant and Lin's appointment together, on September 1, 2024. “Singapore is a world-class digital asset hub and an important market for OKX. I am excited to be part of the team building our presence here. The MPI license is an important step in our journey, and we are more committed than ever to enabling access to digital assets for our customers, and contributing to the community and ecosystem,” she said. The Block reported the appointment on September 2, 20242. Lin had worked at MAS before joining OKX, the same regulator that had just licensed her new employer.

      Lin's record before OKX

      Lin spent nearly two decades across financial, public and technology roles before taking the CEO post1. She led the Regional Strategy & Economics team at the ride-hailing company Grab, the release said2. Before Grab, she worked at MAS and at GIC, Singapore's sovereign wealth fund. That combination gave her, in the company's words, "extensive experience in management, operations, business strategy, and financial regulation". She holds an economics degree from the University of Chicago and a master's degree from Yale.

      What came next

      Prestige Online's Women of Power 2026 feature, published July 27, 2026, lists Lin's title as "Regional CEO (Singapore and Australia), OKX," a role that now covers two markets instead of one3. The profile describes OKX as a global exchange serving more than 60 million customers across 180 countries. Lin embraces change, the profile says. “Change is inevitable, but how we respond to it is a choice,” she said.

      Sources

      1. OKX, "OKX SG Receives MPI License from Monetary Authority of Singapore and Welcomes Gracie Lin as CEO," PR Newswire, September 1, 2024, https://www.prnewswire.com/news-releases/okx-sg-receives-mpi-license-from-monetary-authority-of-singapore-and-welcomes-gracie-lin-as-ceo-302235651.html
      2. Danny Park, "OKX now fully licensed in Singapore, hires former MAS official as local CEO," The Block, September 2, 2024, https://www.theblock.co/post/314088/okx-full-payments-license-in-singapore
      3. "Gracie Lin, Women of Power 2026," Prestige Online (Singapore), July 27, 2026, https://news.google.com/rss/articles/CBMikAFBVV95cUxQV3RwXzN6aVFqMnJlX2NZS1c0YXNEMUV4QnhoNXNOMHNhS0dwM2h3eTBQSEM2Z0dLNzZDMEsyOEVZNXBPeUs2OGx1MFo4ZEVYNW5NcERaZFVDTFhsMXF2T0Q0YVJGSTN2Snl3VjE4TTB0X0lhVHZBbW43TnY4c3B1Nzg5Q2JzTGxxcFF4czNfR3fSAZYBQVVfeXFMTkp5ZmtfMmVwYUV2N2kxTWxYa0xfbUU4UUJtU2VvX1dUcVRIQlZNTTZkc3d0ZWI2WmpjMXZ1dVdNb3NyUlppUkpKTzVlXzJKTXhpZWFHa3hnRXh6WUdLX004akJqMHd3QVNGOTI0cndUVkdudVdKQjBXUEdVX25pYThMSzgwYVhwd1VDUnJOTHJSSDFBeEhB?oc=5

      Cite this piece

      Ryan Elliott Dennis, "OKX Names Gracie Lin CEO of Its Singapore Unit," CryptoLately, Sep 1, 2024, https://cryptolately.com/articles/okx-names-gracie-lin-ceo-of-its-singapore-unit

      Tags: OKX · OKX SG · Gracie Lin · Singapore · licensing

      Related, lately

      More

      Keyboard

      j k
      Move through a list
      Enter
      Open the selected piece
      /
      Search the list, or the whole site
      g then h
      Latest
      g then a
      Articles
      g then s
      The Signal
      g then o
      Opinion
      g then p
      People
      ?
      This sheet
      Esc
      Close