This collaboration aims to jointly create first-class derivative services, including increasing liquidity, broadening market access, simplifying product experience, and further enhancing user trading experience.
On December 22, 2023, OKX, a leading global cryptocurrency exchange and Web3 technology company, announced an upgraded broker partnership program and a strategic collaboration with Matrixport to jointly create first-class derivative services, including increasing liquidity, broadening market access, simplifying product experience, and further enhancing user trading experience.
Matrixport is one of the world's leading digital asset financial service platforms, holding numerous licenses such as the Hong Kong Trust Company License and Money Lender License, and providing institutional and qualified individual investors with one-stop encrypted financial services. The latest data shows that Matrixport currently manages over $4 billion in encrypted assets.
As part of this collaboration, Matrixport will serve as an independent broker for OKX, providing seamless trading experience for users of both platforms. Matrixport users will also have real-time access to OKX's powerful trading services, enjoying better trading depth, a wider range of trading pairs, and quick asset transfers.
Since the launch of the OKX broker partnership program several months ago, it has introduced a series of new open API functions such as spot trading, futures trading, strategy trading, and financial products, providing existing partners with broader development opportunities and opening up unlimited possibilities for potential new partners. OKX's win-win partner relationship has earned the trust of many partners, including Matrixport.
Cynthia, Chief Operating Officer of Matrixport, stated: "Collaborating with OKX allows our users to freely choose trading currencies, trading and custody of assets, significantly enhancing the liquidity and service experience of Matrixport's contract trading. This collaboration has taken a solid step for us to expand the product service range and maintain high standards of market depth and security."
Lennix Lai, Chief Commercial Officer of OKX, said: "We are pleased to offer our independent broker liquidity services to Matrixport's global users and look forward to providing them with a wider range of trading categories, a more convenient trading experience, and more flexible position management. Our goal is to expand our broker partner network, further promote OKX's depth and liquidity to major exchanges, platforms, and institutions worldwide, and jointly promote the development of the broker program and ecosystem."
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