2 months ago
16 ARTICLE AD
OKX Chief Marketing Officer Haider Rafique explained how the integration of the exchange’s wallet with popular and emerging chains makes it easier to explore the growing crypto ecosystems.
The OKX exchange has bagged its 100th mainnet blockchain integration with The Open Network (TON). Precisely, the cryptocurrency exchange announced that its wallet service has added support for the TON ecosystem on Wednesday. Before now, OKX supports several protocols including NEAR, Blast, and zkLink Nova among others.
OKX Supports 10K DApps
Reports have it that the wallet supports more than 10,000 Decentralized Applications (DApps). It also enabled support for 300,000 tokens and aggregates over 400 Decentralized Exchanges (DEXs). In a press release, OKX Chief Marketing Officer Haider Rafique explained how the integration of the exchange’s wallet with popular and emerging chains makes it easier to explore the growing crypto ecosystems.
As one of the leading digital asset service providers, OKX exchange has recorded many wins and hit several milestones. Last month alone, the exchange processed $63.31 billion in trading volume on the platform. This was after it expanded to the Netherlands with the launch of a local digital assets trading platform and wallet services for Dutch users.
Similarly, OKX launched its own Ethereum-based zero-knowledge Layer 2 network dubbed X Layer in April. The aim is to drive its 50 million users on-chain. Also, the crypto exchange officially launched its spot and derivatives crypto trading platform in Australia. Australian users get to enjoy the convenience of depositing or withdrawing the Australian Dollar (AUD) through most local banks.
TON Ecosystem Celebrates Multiple Alliances
On the other hand, the TON blockchain has undoubtedly become one of the fastest-growing Web 3.0 ecosystems. This victory can be attributed to the massive user base on Telegram and the popularity of TON-based tap-to-earn games. According to DeFiLlama, the TON ecosystem boasts more than $773 million in Total Value Locked (TVL).
The integration with OKX is only one out of its numerous collaborations as earlier stated. Bing Ventures, a pioneering venture capital firm backing early-stage projects and outstanding fund managers in Web 3.0 and crypto, announced comprehensive support for the TON ecosystem a few weeks ago. This cuts across its capabilities and network, including investment, resource sharing, project advisories, and much more.
As part of the deal, the VC agreed to invest in innovative teams and projects that leverage TON’s unique advantages to unite the Web 2.0 and Web 3.0 worlds. Its core responsibility includes providing fundraising assistance including referrals to potential investors, to projects coming out of TON’s acceleration programs.
As a firm known for its strong research and data analytics prowess, Bing Ventures is obligated to contribute to TON accelerators in terms of research-based mentorships, training, and project advisories.
The TON ecosystem also registered a collaboration with HashKey Global which involved the listing of Toncoin. It marked an opportunity for users to engage with the TON ecosystem and earn rewards while participating in the dynamic world of cryptocurrency trading. Owing to its stellar footprint, the TON ecosystem may see more collaborations.
