OKX wants to go public in the United States, but the business volume of its U.S. subsidiary is very low. How can it support a valuation of hundreds of millions or even billions of dollars?

Mainly looking at the following 3 aspects:

1. The value of U.S. regulatory licenses

2. Future user growth potential

3. Global business synergy effects (such as wallet, payment, and other products, compliance licenses in other regions, etc.)

What does everyone think?