OKX's X Launch 2.0: Fueling the Future of Digital Asset Innovation

OKX has announced the second phase of the X Launch project, which will focus on the token BARD from the project Lombard. This move is part of the exchange’s ongoing strategy to support emerging blockchain projects and foster innovation in the digital asset space. While specific details about the listing timeline and tokenomics were not disclosed, the initiative reflects OKX’s commitment to expanding its product offerings and enhancing user engagement through strategic partnerships and new listings.

The X Launch project is a key component of OKX’s broader efforts to stay at the forefront of the crypto market. The platform has previously introduced a range of innovative products, including futures contracts, perpetual swaps, and options trading, which have contributed to its position as one of the leading cryptocurrency exchanges globally. The second phase of the X Launch project builds upon this momentum by focusing on projects that align with OKX’s vision of driving mainstream adoption of digital assets .

OKX continues to expand its global footprint and enhance its compliance and security standards. The platform operates in multiple jurisdictions and adheres to local regulatory requirements. In 2024, OKX accelerated its international market expansion by entering seven key regions, including Brazil, Singapore, the UAE, Turkey, the Netherlands, Belgium, and Australia. The platform has established local teams in these markets to improve user access and support growth in the digital asset ecosystem .

The exchange has also strengthened its security infrastructure to ensure the safety of user assets. Approximately 95% of digital assets are stored in offline cold wallets, and OKX employs advanced security measures such as bank-grade SSL encryption, multi-factor authentication, and DDoS protection. These initiatives reflect OKX’s commitment to maintaining a secure and reliable trading environment for its global user base .

In recent months, OKX has continued to innovate within the Web3 space. The platform launched a Web3 wallet that supports multi-chain asset management, decentralized application (DApp) interactions, and NFT trading. Additionally, OKX has been actively involved in the Bitcoin ecosystem, with its Web3 wallet reportedly capturing a significant portion of the daily trading volume for Bitcoin Runes, a new protocol for issuing fungible tokens on the Bitcoin network .