Cryptocurrency exchange OKX is actively striving to become the leader in the Web3 space. In its latest announcement, the company revealed that its wallet will support the trading of Ordinals (Bitcoin NFTs) and BRC-20 tokens, making it the first multichain wallet to do so.
To complement this initiative, OKX is preparing to launch its Ordinals Marketplace, where users can mint and trade Bitcoin Ordinals and BRC-20 tokens.
Currently, users can only view and transfer Ordinals. However, starting this week, they will have the ability to buy, sell, and list BRC-20 tokens. In the near future, they will also be able to mint Ordinal inscription NFTs and BRC-20 tokens, as well as buy, sell, and list Ordinals.
The OKX Wallet is also pioneering the support of Lightning Network, a solution aimed at facilitating fast and cost-effective Bitcoin transactions.
OKX’s dedication to Web3 is evident through recent developments. In recent days, the company has been sharing updates regarding its metaverse platform announcing a collaboration with Alex Greenwood, a professional women’s football player from Manchester City FC. The partnership aims to launch NFT football trainers. Furthermore, OKX joined forces with the captain of Manchester City to create a metaverse football learning experience called “Make Your Play.”
Bitcoin NFTs have captured the attention of various companies and projects. Binance, for instance, disclosed its plans to support Bitcoin NFTs on its marketplace. Additionally, Magic Eden launched the first fully audited Bitcoin Ordinals ecosystem for digital artifacts in March.
In February, Yuga Labs introduced “TwelveFold,” a collection of 300 NFTs minted on the Bitcoin-based Ordinals protocol. The auction concluded with a staggering collection of over $16 million, with the highest winning bid reaching nearly $160,000.
