CryptoCurrency

OKX Broadens DApps Providing, Companions with DappRadar

OKX and DappRadar Collaborate to Offer a Wider Variety of Decentralised Services
OKX, the largest cryptocurrency exchange by volume, has partnered with DappRadar, a DApp store, to provide its users with access to a wider selection of DeFi and GameFi applications. Through its Dapp Discovery Tool, the Seychelles-based bitcoin service provider offers a wider range of decentralised applications by connecting its platform to DappRadar’s API. The cooperation also includes the availability of OKX’s Web3 Wallet on the DappRadar platform. It makes it simple for users to explore the world of DApps and access their decentralised wallets.

Haider Rafique, Global Chief Marketing Officer at OKX, stated, “OKX is committed to providing our users with the best web3 experience.”

OKX has grown to be one of the largest cryptocurrency exchanges in terms of volume, and since 2021, its trading activity has increased by 700%. The Dubai Digital Asset Regulatory Authority (VARA) granted OKX a temporary digital asset licence in July 2022 in an effort to increase its worldwide footprint. A similar licence was given to Crypto.com, a well-known brand in the digital asset market, in June.

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Maria Stankevich, a former chief business development officer of EXMO, has been chosen by OKX as the new director of institutional sales in order to increase the company’s presence in Europe, the Middle East, and Africa.

In addition, the cryptocurrency exchange is placing a wager on using sports to raise brand awareness in 2022. In May, it declared a cooperation with McLaren Racing, a British Formula One team.

The agreement said that OKX became the official principal partner of McLaren Racing and the official partner of the Shadow esports squad, which was founded in 2017. Important branding locations on McLaren MCL36 F1 vehicles, driver attire, and esports team jerseys are advantageous to the exchange.

In July, news of another alliance was released. The Manchester City football team now has OKX as its official sponsor for its training gear. The men’s and women’s teams in the Premier League, the highest division of the English football league, will wear the Bitcoin exchange’s emblem on their training uniforms as part of the agreement, which runs until the 2022–2023 season. Although the specifics of the agreement are unknown, OKX reportedly pays more than $20 million for a single season, according to Forbes. The business became the squad’s official cryptocurrency partner in March, marking the beginning of its relationship with the team.

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