Blog (336)

We're pleased to announce that we've officially launched crypto exchange services in Australia, a significant milestone for our goal to build locally in important markets around the world. We now offer spot (buy & sell) trading for all users, in Australia.

Today, we're happy to announce that we have published our 18th consecutive Proof of Reserves (PoR) report, showcasing USD22.3 billion in primary assets backing user funds. Our PoR report illustrates the reserve ratios of the 22 most commonly traded assets on our platform, including BTC, ETH, USDT, USDC, XRP, DOGE, SOL, OKB, APT, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX, UNI and BCH. Consistent with our previous reports, our 18th PoR demonstrates over 100% reserve ratios for all these assets, assuring users that their funds are backed 1:1.

We are excited to announce today a first-of-its-kind partnership with Hong Kong University of Science and Technology (HKUST) on a joint research project exploring the implementation of zero-knowledge (ZK) proofs and development of new cryptographic protocols. These advancements aim to enhance the scalability and efficiency of ZK decentralized exchanges (ZKDEXs).

We're happy to announce the release of our 19th consecutive Proof of Reserves (PoR) report, showcasing USD22.5 billion in primary assets backing customer funds. In line with our commitment to transparency and accountability in the crypto space, we have published over 680,000 public wallet addresses this month. This allows our customers and the wider community to independently verify the platform's reserves. To date, over 1.5 million customers have viewed and verified that their assets on our platform are backed 1:1.

We and Jambo , a leading Web3 mobile infrastructure builder, today announced a partnership aimed at enhancing the accessibility of the digital economy in emerging markets by combining advanced Web3 and mobile technologies.

A message from OKX Chief Marketing Officer Haider Rafique: On the Formula 1 race calendar, Monaco stands out as a place with incredible history, heritage and mystique - and no driver has won there more times than Ayrton Senna.

We're proud to announce our strategic investment in Monad Labs , which is developing a developer-forward smart contract platform that is poised to revolutionize the decentralized digital landscape. This investment underscores our commitment to supporting innovative projects at the forefront of blockchain technology and decentralized ecosystems.

We're pleased to announce that we have invested in Bitlayer , 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 Log Contract (DLC) framework to handle more conditional financial applications securely.

Today, we're happy to announce our strategic partnership with Hidden Road Partners (Hidden Road), the global credit network for institutions. This partnership aims to offer a turn-key experience for Hidden Road's clients, enabling them to execute advanced trading strategies and facilitate delta rolls more efficiently.

Our investment arm, OKX Ventures , has led a US$1.5 million seed funding round for BlockBooster, an Asia-centered venture studio. The funding round also saw participation from Conflux Network, Neighbor Capital Series, IceRiver Venture, and Bitcoin Lab, among others.

Our investment arm OKX Ventures has announced a strategic investment in four consumer-oriented products from Web3 venture studio EVG . These include multi-chain SocialFi infrastructure Open Social Protocol , decentralized collaboration network , strategy card game and real-time strategy game . 

We at are pleased to announce that we have invested in Bedrock , a multi-asset liquid restaking protocol. This strategic move brings institutional-grade infrastructure to an expansive audience, ensuring both security and transparency to cater to the requirements of larger clients and institutions.

Our OKX Wallet users can mint Bitcoin Ordinal tickets for Bitcoin Magazine's Bitcoin Asia conference here Today, we're excited to announce our partnership with Bitcoin Magazine to offer Bitcoin Ordinal ticketing services for the inaugural ' ' conference. This flagship Bitcoin-themed conference is set to take place at the Kai Tak Cruise Terminal in Hong Kong from May 9 to May 10, 2024.

Our investment arm OKX Ventures today announced a research and education collaboration with Stanford's Future of Digital Currency Initiative (FDCI), aiming to promote blockchain innovation and sustainability.

We are delighted to announce our strategic investment in CARV, the largest modular data layer for gaming and AI. By participating in the successful US$10 million Series A round led by Tribe Capital and IOSG Ventures, OKX Ventures is thrilled to support CARV’s journey as they continue to innovate and lead in the intersection of gaming and data.

We are pleased to announce that we have invested in Zeus Network , the first and only permissionless communication layer on Solana and Bitcoin. Zeus Network enables dynamic, secure composability, creating a decentralized ecosystem for seamless user engagement and liquidity interaction.

We're happy to announce that we've published our inaugural ' Institutional Basis Trading Report .' The report analyzes the institutional basis trading landscape and strategies, as well as drivers behind the nearly 30% Ethereum (ETH) and Bitcoin (BTC) annualized basis observed towards the end of March 2024.

We're happy to announce our investment in Tomo, a Web3 social finance (SocialFi) protocol. This investment underpins our commitment to supporting innovative blockchain technology and Web3 social platforms that redefine the way users connect and interact with each other online.

Today, I'm excited to announce that we have rebranded Okcoin Europe Ltd. to OKX in Europe. In my role as the General Manager for the region, my responsibility is to establish local teams that propel our user-centric global strategy. Local efforts are crucial to our diverse crypto communities amongst our 50 million users worldwide, and we're ensuring a tailored experience in key markets by optimizing our platform to reflect the community's trading preferences, favored payment methods, and fiat on-ramps.

A message from OKX Chief Marketing Officer Haider Rafique Today we launched the public mainnet of our 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 seamlessly bridge assets from the two platforms to LAYER to interact with with the DApps deployed on the network.

The report also discloses our recent investments in io.net , MyShell , 0G , FLock.io and 0xscope Today, we published a report titled ' Unlocking the Infinite Potential of Crypto and AI .' The report explores the convergence of AI and crypto, a major trend in the current market cycle that is giving rise to new applications and innovations encompassing areas like model training, AI agents, metaverse, gaming and robots as a service.

We are delighted to announce our strategic investment in Thruster, one of the fastest-growing DeFi protocols within the Blast ecosystem. By participating in the successful US$7.5 million seed round led by Pantera Capital, OKX Ventures reaffirms its pivotal role as a key supporter of groundbreaking projects and visionary founders in the blockchain sphere.

A message from OKX Chief Commercial Officer Lennix Lai. Opinions are that of the author and do not reflect OKX's official view. Not financial advice. The halving is a significant event that underscores the technological strength and resiliency of Bitcoin. As a fundamental feature of Bitcoin's design, the halving mechanism means that the block reward will be cut in half, slowing the introduction of the remaining coins that can be mined and released into the market. The big picture is this: out of the maximum supply of 21 million, about 1.35 million bitcoin are left to be mined between now and the final halving in the year 2140.

A message from OKX Chief Marketing Officer Haider Rafique A rare opportunity to mint and own a collectible with zero gas fees As one of the world's largest crypto venues where billions of digital assets trade hands each day, we aspire to bring more utility to crypto beyond trading. This is a vision we outlined when we started to partner with sports teams like Man City and McLaren, or with our film and entertainment partner, Tribeca Film Festival.