Blog (234)

A message from OKX Chief Marketing Officer Haider Rafique Web3 Can Help Build the McLaren Racing-OKX Community Our partnership with McLaren Racing has taken us around the world this season - from the Middle East to Asia Pacific to Miami and Monaco. Wherever we can, we've taken the opportunity to engage with race fans. But we couldn't help but wonder how we could collaborate more deeply with McLaren to 'go exponential' as we interact with fans and merge our communities.

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.

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.

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.

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 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.

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.

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.

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 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.

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.

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 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.

Today, we're excited to announce the release of our latest Proof of Reserves (PoR) report, demonstrating a total of USD22.1 billion in primary assets backing user funds. This represents our 17th consecutive month of publishing Proof of Reserves (PoR) reports, which highlight the reserve ratios of the 22 most frequently traded assets on our platform: 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 17th PoR reveals reserve ratios of over 100% for all these assets, providing assurance that user funds are backed 1:1.

Today, we're excited to announce that we've opened entries for our Bitcoin halving -themed ' The Ultimate Bitcoin Rush ' and ' OKX Web3 Bitcoin Drop ' trading campaigns, featuring a prize pool worth over 10 BTC.

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.

What are we made of? In the last two years, our industry has faced significant headwinds. Big players came and went, people declared bitcoin dead hundreds of times. We were forced to look inward and make tough decisions.

Today, we're proud to announce that our investment arm, OKX Ventures , has invested in DLC.Link, the first native Bitcoin cross-chain protocol. This groundbreaking project leverages Discreet Log Contracts (DLCs) to enable Bitcoin to be used in DeFi protocols while being held in self-custody wallets.

Today, we're proud to announce that our investment arm, OKX Ventures , is leading the latest investment round in UXLINK , a Web3 social platform. UXLINK combines a Web3 gateway, a social DEX and infrastructure with the goal of facilitating mass adoption.

As President of OKX, I'm excited to share that we've secured an in-principle approval for a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS). I'm proud to say that OKX is among the most trusted crypto platforms in the world. Millions of customers feel safe accessing and interacting with the crypto markets through our platform. An important part of our global strategy is to identify key markets, build locally, and make long-term investments. As we build technology globally to empower the future, we're continually humbled by the opportunities to be part of local communities.