Archives

December 31, 2024 @ 11:48 am By Omar Faridi  |  

OKX Founder Star Xu noted that as the CEO of the digital assets firm and a builder at heart, they are pleased to reflect on a solid year of growth and progress. Despite challenges, 2024 was a year of focus, innovation, and resilience, according to… Read More

December 20, 2024 @ 10:22 am By Omar Faridi  |  

Digital assets firm OKX announced the launch of their ‘Ordinals Launchpad,’ an all-in-one platform that empowers creators to “launch, inscribe and trade collections” directly on Bitcoin. The platform simplifies the technical complexities of Bitcoin inscriptions while providing creators with the “tools, visibility and support” needed… Read More

December 17, 2024 @ 9:18 pm By Omar Faridi  |  

OKX has partnered with Kemet Trading, the digital asset derivatives trading platform for institutions, in order to provide clients with access to Kemet’s derivative trading infrastructure. The collaboration now reportedly provides institutional clients with Kemet’s position, risk and portfolio management capabilities. As institutional participation continues… Read More

November 6, 2024 @ 10:15 pm By Omar Faridi  |  

Digital assets firm OKX revealed that it has expanded its partnership with Komainu in order to offer an off-exchange custody solution. OKX noted in a recent blog post that they’re officially announcing that they’ve worked cooperatively with Komainu, a regulated digital asset service provider and… Read More

November 4, 2024 @ 4:08 pm By Omar Faridi  |  

Digital assets firm OKX has recently released its 24th consecutive Proof of Reserves (PoR) report, reportedly showcasing $20.3 billion in primary assets. As noted in the update from OKX, this latest report marks the two-year anniversary of their PoR program, which the company claims sets… Read More

October 13, 2024 @ 6:18 pm By Omar Faridi  |  

Digital assets firm OKX recently revealed that they’re investing in Bitcoin’s long-term security via a grant to 2140 Foundation. OKX explained in a blog post that the grant will aim to extend support to the 2140 Foundation’s multi-year and ongoing effort to foster long-term security,… Read More

October 6, 2024 @ 2:35 pm By Omar Faridi  |  

Digital assets firm OKX has reportedly launched OKX OS, which is described as a comprehensive onchain infrastructure suite that is designed to open up the technology stacks behind their Wallet, supporting an international community of blockchain and Web3 developers to build robust applications efficiently across… Read More

September 30, 2024 @ 9:53 am By Omar Faridi  |  

Digital assets firm OKX has released its 23rd Proof of Reserves Snapshot, reporting $19.4 billion in primary assets that are said to be backing customer funds. With the collapse of numerous crypto exchanges over the years, with FTX being among the most notable, it has… Read More

September 2, 2024 @ 9:06 am By Omar Faridi  |  

OKX, a global crypto exchange and Web3 technology company, announced that its local entity, OKX SG Pte. Ltd., received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), and appointed Gracie Lin as CEO of OKX SG. The license granted under… Read More

August 29, 2024 @ 8:36 am By Omar Faridi  |  

OKX Global Chief Commercial Officer Lennix Lai is pleased to share the release of their new research brief, “Digital assets as the new alternative for institutional investors: market dynamics, opportunities and challenges,” commissioned by OKX Institutional and authored by Economist Impact. This comprehensive study features… Read More

August 27, 2024 @ 8:31 am By Omar Faridi  |  

Digital assets firm OKX has released their 22nd consecutive Proof of Reserves (PoR) report, which confirms USD19.8 billion in primary assets backing customer funds. To date, more than 1.8 million customers have reportedly “viewed and used their PoR tool to confirm their assets are backed… Read More

June 24, 2024 @ 10:40 am By Omar Faridi  |  

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, announced its participation in the Series A investment round for Avail, a unification layer designed to solve rollup fragmentation at scale. Avail aims to scale and unify rollups and “the modular… Read More

June 15, 2024 @ 9:22 am By Omar Faridi  |  

OKX‘s investment arm, OKX Ventures, announced that it has become a founding member of SOFA.org, an open-source and non-profit decentralized autonomous organization (DAO) focused on developing a DeFi ecosystem that facilitates atomic, blockchain-based settlements of financial assets. Through its collaboration with SOFA.org, they seek “to… Read More

May 31, 2024 @ 9:35 am By Omar Faridi  |  

OKX and Jambo, a Web3 mobile infrastructure builder, have recently announced a partnership aimed at enhancing the accessibility of the digital economy in emerging markets by combining advanced Web3 and mobile technologies. This partnership reportedly follows “a strategic investment in Jambo made by OKX’s investment… Read More

May 21, 2024 @ 8:41 am By Omar Faridi  |  

OKX are pleased to announce that they have invested in Bitlayer, which is describe as the first Bitcoin security-equivalent Layer 2 based on BitVM. Bitlayer aims to scale the Bitcoin network’s transaction capability. Advocating for the Taproot and BitVM technologies, Bitlayer has “adopted the Discreet… Read More

May 7, 2024 @ 7:53 pm By Omar Faridi  |  

Digital asset firm OKX‘s investment arm OKX Ventures has announced a strategic investment in four consumer-oriented products from Web3 venture studio EVG. According to a blog post by OKX, these reportedly “include multi-chain SocialFi infrastructure Open Social Protocol, decentralized collaboration network Zeek, strategy card game… Read More

May 1, 2024 @ 3:30 pm By Omar Faridi  |  

OKX‘s investment arm OKX Ventures has recently announced a research and education collaboration with Stanford’s Future of Digital Currency Initiative (FDCI), aiming to promote blockchain innovation and sustainability. As part of the Stanford School of Engineering’s Department of Computer Science, FDCI is an industrial affiliates… Read More

April 29, 2024 @ 1:46 pm By Omar Faridi  |  

The team at digital asset firm OKX is announcing a strategic investment in CARV, which is described as one of the largest modular data layers for Gaming and AI. OKX noted in a blog post that they’re making their new investment in CARV, the largest… Read More

April 20, 2024 @ 12:15 pm By Omar Faridi  |  

OKX is pleased to announce that they’ve added support for Runes, a new fungible token standard by Casey Rodarmor, a former Bitcoin developer and artist, following the recent Bitcoin halving. With this addition, OKX users can now reportedly “create, mint, manage and trade Runes on… Read More

April 16, 2024 @ 8:08 pm By Omar Faridi  |  

OKX has reportedly launched the public mainnet of their Layer-2 (L2), X LAYER, building with more than 200 dApps across the network. X LAYER is integrated with OKX Exchange (CEX) and the OKX Web3 Wallet. Users can bridge assets from the two platforms to LAYER… Read More