Crypto Exchange OKEx Joins Kakao’s Blockchain Platform Klaytn

Blockchain, News | October 25, 2019 By:

Cryptocurrency exchange OKEx has joined Klaytn, a blockchain platform developed by South Korean chat giant Kakao subsidiary GroundX, as an Ecosystem Partner.

Klaytn provides an optimized platform for service providers to develop and operate decentralized applications (DApps). It prioritizes its efforts on the mass adoption of blockchain services as to substantiate the value and utility of blockchain technology. The Klaytn partners consist of Governance Council, Ecosystem Partners, Initial Service Partners, KLAY BApp (Blockchain Application) Partners, and Investors. Renowned companies such as Samsung Blockchain, IDG Capital, Shinhan Bank, and many other industry giants have already joined the Klaytn Ecosystem Partnership.

OKEx said that it joined the Klaytn platform to drive the mass-adoption of blockchain experience for millions of users across the world, adding that it is a great opportunity for OKEx to connect to different networks and portfolios under the blockchain space.

“We are excited to participate in this new initiative by Klaytn,” said Andy Cheung, Head of Operations of OKEx. “We have a strong faith to the team and the blockchain technology developed upon solid reliability and significant stability. Exchanges and projects itself should work together to define and adopt standards that will promote digital asset adoption globally. At OKEx, we are always keen to work with market players in expanding the market and bring in quality projects in accordance with market needs, and I believe this indicates a good start.”

“We are delighted to welcome the global top exchange OKEx to join Klaytn,” said Chase Choi, the Head of Business at Ground X. He added, “As Asia’s no. 1 blockchain platform, we will further solidify and expand our ecosystem together with OKEx.”