Per the post, OKEx has been developing its own blockchain dubbed “OKChain,” which is now purportedly in the final development stage. The company expects to put out a testnet in June of this year. OKChain will also serve as the base for OKEx’s decentralized exchange.
Apart from that, the post states that OKEx’s native utility-token OKB will be put onto the ERC-20 blockchain by the end of April, and will be migrated to the OKChain mainnet once the OKChain becomes stable. OKB will reportedly also be used for token pre-sale.
In February, OKEx launched support for Thai baht-crypto trading on its client-to-client platform, with only Bitcoin (BTC), Tether (USDT), Ethereum (ETH) and Litecoin (LTC) being traded with the Thai baht on the exchange’s peer-to-peer platform.