The cryptocurrency exchange Bitfinex will be listing OKEx’s utility token OKB and Stablecoin USDK.
These new tokens will be paired with fiat and digital currencies like the U.S. dollars, Bitcoin (BTC), EOS, Tether (USDT) and Ether (ETH).
OKB is designed to let OKEx users carry out a variety of functions on the exchange, including settlement of trading fees, the ability to construct a partner exchange, and subscription for tokes on OK Jumpstart, OKEs’s token sale platforms.
According to Andy Cheng the Head of Operations at OKEx the listing of OKB on Bitfinex is just the beginning and they will continue to work with more exchanges in the future to expand their ecosystem.
OKB is currently on the Ethereum blockchain but plans to migrate into its own blockchain when OKChain is released later this year.
OKEx is currently developing a blockchain dubbed as OKChain will has been reported to support its future decentralized exchange (DEX).
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