SINGAPORE, July 07, 2024 (GLOBE NEWSWIRE) — OKX, a leading Web3 technology company, has issued updates for July 8, 2024.
OKX Wallet Now Integrated with Capy Finance
OKX Wallet is now integrated with Capy Finance, a pioneering native Bitcoin assets lending protocol. Capy Finance supports multi-chain, cross-chain interactions and offers an advanced lending and borrowing mechanism for a variety of Bitcoin-based assets.
This integration brings Capy Finance’s innovative offerings to OKX Wallet users, allowing them to lend and borrow Bitcoins, Inscriptions (BRC-20, SRC-20), Runes, and other asset types across multiple chains. Users can now put their idle Bitcoin assets to work while maintaining full custody.
OKX Wallet users will benefit from Capy Finance’s diverse collateral options, competitive interest rates, and staking rewards. This addition aligns with OKX’s commitment to providing users with cutting-edge DeFi solutions and expanding the utility of Bitcoin-based assets.
By incorporating Capy Finance, OKX Wallet continues to enhance its ecosystem, offering users more options for leveraging their Bitcoin holdings and participating in the growing landscape of Bitcoin-native DeFi protocols.
For more information, please visit the OKX Support Center.
For further information, please contact:
Media@okx.com
About OKX
A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:
- OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 85 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
- DEX: A multi-chain, cross-chain decentralized exchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.
- NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
- Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.
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 and Olympian Scotty James.
OKX also regularly publishes articles, accessible via OKX Learn. These articles provide readers with in-depth analyses of all cryptocurrencies, including factors influencing Bitcoin prices and Ethereum prices.
To learn more about OKX, download our app or visit: okx.com
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