OKEx Exchange Announces Partnership with Klaytn Blockchain Platform

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OKEx Cryptocurrency Exchange has announced a partnership with the international blockchain platform Klaytn, developed by Ground X, which is a subsidiary of the South Korean company Kakao.

OKEx reports that the exchange will be integrated with the Klaytn ecosystem for an expanded implementation of the blockchain. It is worth noting that Klaytn is not the only partner with whom OKEx has concluded a cooperation agreement. Among them are industry giants such as Samsung Blockchain, IDG Capital and Shinhan Bank. The exchange believes that such cooperation will create a sustainable ecosystem of the blockchain by combining various networks and portfolios in the field of latest technologies.

“Exchanges and platforms must work together to set standards for the widespread use of digital currencies around the world,” said OKy Exchange Operations Director Andy Cheung.

Earlier, the exchange said it had signed partnership agreements with another 14 companies to promote its internal OKB token. According to Chung, interaction with various service providers will allow to better explore the possibilities of OKB, and its holders will be able to assess the potential of this cryptocurrency using blockchain technology. In September, OKEx announced plans to launch USDT stablecoin futures with margin trading.


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