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OKX has officially launched xBTC, a 1:1 wrapped Bitcoin token, on the Solana, Sui, and Aptos blockchains. This launch coincides with Bitcoin reaching a new all-time high price of around $111,000, offering users across these platforms new possibilities for trading, lending, and engaging with DeFi and Web3 applications.
xBTC is a wrapped Bitcoin asset pegged 1:1 to BTC, designed to extend Bitcoin’s usability across multiple blockchains. This enables BTC holders to participate in decentralized finance with faster transactions and lower fees, while maintaining exposure to Bitcoin’s value. 0 reply
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