SAN FRANCISCO, July 20, 2023 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for July 20, 2023.

OKX Wallet is Now Integrated with Stacks, a Bitcoin Layer for Smart Contracts

OKX Wallet is thrilled to announce its integration with Stacks, a Bitcoin layer that enables DeFi applications to benefit from the security of the Bitcoin network. With this partnership, OKX Wallet users can now access Stacks' solutions via the Discover Portal, which aggregates over 10,000 dApps, DEXs, blockchain games, NFTs and supplementary tools.

Stacks is a Layer-2 blockchain that connects Stacks and the Bitcoin network, meaning dApps built on the Layer-2 can leverage the security of Bitcoin - while also benefiting from faster and more efficient transactions. With OKX Wallet now integrated with Stacks, users can access a suite of DeFi applications built on the Stacks network.

OKX is a longstanding supporter of Bitcoin, having integrated the Lightning Network to its centralized exchange over two years ago. On July 19, OKX Wallet became the first multi-chain wallet to offer staking for Bitcoin and BRC-20 tokens. More Bitcoin-related capabilities - including a marketplace for selling BRC20-S tokens - are on the way to OKX Web3 DeFi.

For further information, please contact: 
Media@okx.com

About OKX

As a leading global technology company driving the future of Web3, OKX provides access to a comprehensive suite of products to meet the needs of beginners and experts alike, including the OKX Wallet, NFT Marketplace, DEX and Web3 DeFi.

OKX partners with a number of the world's top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology to replace existing centralized systems.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

The information displayed is strictly for educational and informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal in any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.