OKX Launches xBTC on Solana, Sui & Aptos as Bitcoin Price Hits $111K
OKX is launching a wrapped version of BTC, xBTC, on Solana, Sui, and Aptos networks as the Bitcoin price has reached a new all-time high of $111k. Users across these platforms can now mint xBTC on OKX, unlocking new opportunities for trading, lending, and exploring Web3 strategies. Notably, xBTC is a newly launched, 1:1 Bitcoin-pegged wrapped asset. As the exchange highlights, this innovation extends Bitcoin’s reach across multiple blockchains, fostering greater utility and interoperability. With the wrapped Bitcoin, BTC holders can tap into DeFi opportunities, generate yield, and maintain exposure to Bitcoin’s value. OKX Launches xBTC on Solana, Aptos, and Sui In an official blog post dated May 22, OKX, a top crypto exchange, has announced the launch of xBTC, a wrapped version of Bitcoin. As revealed by the platform, xBTC will go live on prominent blockchain platforms, including Solana, Aptos, and Sui. Both deposits and withdrawals of xBTC on… Read More at Coingape.com
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