TLDR
- OKX has launched a crypto investment platform for Australian self-managed super funds.
- The platform provides access to major cryptocurrencies including Bitcoin and Ethereum.
- Australian SMSF trustees receive tools for portfolio tracking and year-end reporting.
- A local support team helps trustees with onboarding and regulatory compliance.
- Australia’s superannuation assets have grown to approximately $2.8 trillion.
OKX has launched a new platform targeting Australian self-managed super funds (SMSFs) as digital asset allocations continue rising. The offering includes reporting tools, transaction tracking, and local support for trustees investing in cryptocurrencies. As Australia’s retirement savings pool grows, OKX positions itself in a rapidly expanding investment segment.
Bitcoin Support Adds Compliance and Confidence
OKX introduced its SMSF platform on Monday to enable secure crypto access for Australian retirement investors. The system features a dashboard, exportable reports, and AUSTRAC-registered transaction services. It also supports Bitcoin, enhancing trustee confidence in managing crypto allocations.
The new service arrives as digital assets gain recognition in long-term retirement strategies across Australia. AMP’s $27 million Bitcoin allocation in 2024 was a major shift in the market. OKX follows with tools ensuring secure, compliant, and efficient access to top crypto assets.
A local team supports Australian users with onboarding and compliance guidance for smoother account setup. With real-time tracking and annual tax reports, trustees can handle crypto efficiently. The platform’s features aim to simplify investment and compliance for all SMSF participants.
Ethereum Offering Broadens SMSF Portfolios
OKX enables SMSFs to access Ethereum and other major assets via a regulated and localised framework. Trustees benefit from clear reporting, simplified tax tools, and seamless integration. As more investors diversify into crypto, this platform offers needed structure.
Australia’s retirement system holds about $2.8 trillion in assets, with SMSFs contributing significantly. SMSFs now represent one of the largest savings pools globally, attracting local and global investment providers. Deloitte forecasts Australia’s super pool could reach $11.2 trillion by 2043.
OKX joins this trend by facilitating access to Ethereum within regulatory guidelines. The platform also boosts market competitiveness against Australian exchanges like Coinspot and Swyftx. Local guidance and transparent tools set OKX apart in an increasingly crowded space.
Ethereum’s role in diversified portfolios grows as institutional support increases. BlackRock recently advised clients to consider small crypto allocations, including Ethereum. OKX aims to capture this momentum with streamlined trustee solutions.
OKX Targets Australia’s Retirement Sector
OKX targets SMSFs seeking reliable crypto infrastructure amid a growing national pension system. Australia is on track to surpass Canada and the UK in retirement savings scale. SMSFs are driving this growth with increased crypto allocations.
Digital assets are the fastest-growing segment within Australia’s superannuation system. Allocations grew eightfold over five years through March. OKX aims to capitalise on this momentum through targeted trustee services.
With strong competition from Independent Reserve and Swyftx, OKX offers innovation and simplicity. The firm delivers tools enabling transparency and control for trustees. This move reflects broader adoption of crypto in formal retirement planning frameworks.
