- OKX has launched a new platform in Australia to let self-managed superannuation funds (SMSFs) invest directly in cryptocurrency.
- SMSF crypto holdings have increased sevenfold since 2021, now totaling between $1.1 billion and $1.2 billion USD.
- The platform was built with input from trustees and offers features like secure custody, multi-signature security, and proof-of-reserves for 22 tokens.
- Despite growth, crypto represents less than 0.3% of total SMSF assets, according to recent government data.
- OKX expects thousands of SMSFs to join the platform within the next two years as interest in digital assets rises.
OKX introduced a new service on Sunday to help Australian self-managed superannuation funds (SMSFs) buy and hold cryptocurrencies. The move gives individual and corporate trustees a way to include digital assets in their retirement savings portfolios.
According to OKX Australia CEO Kate Cooper, SMSF crypto investments have jumped from about $170 million USD in 2021 to as much as $1.2 billion USD in 2025. The new platform includes tools for secure fund custody, multi-signature authorizations (allowing several signatures to approve transactions), and proof-of-reserves reports covering 22 types of tokens.
Cooper explained that the service responds to growing interest in crypto among SMSF managers and was developed after consulting with industry professionals. “This isn’t about chasing a trend; it’s about providing serious infrastructure for SMSF trustees choosing to include digital assets in their portfolios. Australian SMSF trustees manage more money than most sovereign wealth funds. They deserve enterprise-level solutions,” Cooper said.
The new offering features end-of-year reporting for audits, compliance checks, and exchange services registered with AUSTRAC, Australia’s financial intelligence agency. OKX says the platform addresses SMSF-specific needs in reporting, transparency, and regulatory compliance.
SMSFs now make up nearly a third of Australia’s $4 trillion USD retirement pool, and between March 2020 and March 2025, digital asset allocations in these funds grew by 746%, according to OKX. However, recent data from the Australian Prudential Regulation Authority (APRA) shows that total SMSF assets grew just 5.5% in the past year. A recent Australian Tax Office report found SMSFs held around $1.9 billion USD in crypto at midyear—a small fraction of the total.
Most SMSF investments remain in shares, cash, and property, and crypto allocations have stabilized after a short rise in early 2024. Despite this, OKX expects thousands of SMSFs to adopt the new platform within the next 12 to 24 months, with many switching from other exchanges.
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