OKEx Rebrands to OKX; Teases New Wallet, NFT Marketplace

Crypto exchange OKEx has rebranded to OKX.
The rebranding is necessary to reflect the exchange’s new identity.
OKX also launched its multi-chain wallet and NFT marketplace MetaX.

Leading crypto exchange OKEx has announced its rebranding to OKX. Likewise, the exchange’s official all-in-one website will now relocate to okx.com.

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According to the announcement, the branding is necessary to reflect the exchange’s new identity. Specifically, OKX is now offering a plethora of services and features aside from the usual offerings of a typical crypto exchange.

OKX wrote,

“We are building so much more than a centralized exchange. It is time for us to evolve our brand to reflect what we stand for and what we are building toward.”

One of the most recent releases is MetaX. As per OKX, this is a platform that provides a multi-chain self-custody wallet along with a built-in non-fungible token (NFT) marketplace. MetaX also comes with a decentralized exchange (DEX) and a decentralized application (DApp) ecosystem.

OKX also revealed that the rebranding is timely due to the mass developments happening within the blockchain ecosystem. The exchange mentioned the metaverse, decentralized finance (DeFi), play-to-earn (P2E), NFTs, and Web 3.0.

Aside from MetaX, OKX has its own decentralized chain named OEC, which the exchange claims to possess a processing speed of 1,000 TPS. Furthermore, native cryptos OKB and OKT will also play a vital role in the OEC blockchain.