OKEx announced that it is joining Klaytn, a global public blockchain platform developed by Kakao subsidiary, Ground X.
On October 25, OKEx wrote in a press release that Klaytn, the blockchain project will be onboarding the crypto exchange into their ecosystem aiming to expand blockchain adoption.
Likewise, OKEx is joining a number of industry giants such as Samsung Blockchain, IDG Capital, and Shinhan Bank. The exchange called this partnership an opportunity to build a stable blockchain ecosystem and connect to different networks and portfolios in the blockchain industry.
Andy Cheung, the Head of Operations of OKEx, commented:
“Exchanges and projects itself should work together to define and adopt standards that will promote digital asset adoption globally.”Andy Cheung
Recently, Binance, the cryptocurrency exchange, joined Klaytn’s Governance Council. Binance, together with another 24 member companies such as LG Electronics, UnionBank of the Philippines and Celltrion, will make key decisions for Klaytn’s business and technical developments.
OKEx announces 14 new partnerships
Following the news of OKEx joining Klaytn, the exchange reported in a press release that it had established another 14 partnerships with service providers to promote the adoption of its utility token OKB.
“The 14 new partnerships is a shot in the arm for OKB. Together with our community, we will continue to explore the possibility of OKB. By offering a wider array of applications, OKB holders will be able to enjoy the fruit of blockchain technology and the appreciating value of our token.”Andy Cheung
In September 2019, OKEx refused allegations of manipulative practices such as wash trading on its platform.
Thus, the exchange said that the allegations made in a recent report from the Blockchain Transparency Institute (BTI) were “not accurate and misleading.”
Source: okexpressroom.prowly.com | prnewswire.com | cointelegraph.com
Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.
Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.
We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.