OKX, a leading global crypto exchange, and Web3 technology company, recently announced that its OKX Wallet now supports The Open Network (TON), the blockchain originally developed by Telegram. As per the announcement, this addition marks a significant milestone for OKX Wallet as it reaches support for 100 different protocols, solidifying its commitment to an “on-chain, any-chain” philosophy.
OKX Wallet Adds TON, Now the Most Secure Wallet
TON’s inclusion in the wallet aligns with OKX’s broader strategy to provide a comprehensive and versatile platform for its users. With this extensive protocol support, OKX Wallet users can engage with a spectrum of blockchain ecosystems, from well-established networks like Ethereum (ETH) and Bitcoin (BTC) to emerging ones like TON.
Likewise, OKX Wallet now allows users to find, arrange, exchange, and transfer assets across all chains that the wallet supports, including TON. Additional chains will be included soon. Meanwhile, the wallet has previously supported the NEAR, Blast, and zkLink Nova chains.
In addition to expanding protocol support, OKX has also focused on enhancing user experience through various initiatives. The platform continues to improve its security measures, ensuring that users’ assets are protected in an increasingly complex digital environment.
TON Experiences Exponential Growth
Last month, the TON blockchain reached a significant milestone with its Total Value Locked (TVL) surpassing $600 million. Surpassing the $600 million signifies increased user engagement and the platform’s robust infrastructure and security measures. TON’s user-friendly interface and low transaction fees have attracted several users, from individual investors to large-scale institutional players.
Additionally, the integration of Telegram with the TON blockchain has increased the usage of a range of play-to-earn mini-games, available within the messaging app. Basic games that reward tokens like Notcoin, Yescoin, and Hamster Kombat have raised the network’s appeal. As TON continues to innovate and expand, its record-breaking TVL is a testament to its potential and the increasing trust within the Decentralized Finance (DeFi) community.
OKX Expansion and Global Outreach
Recall that, the Web3 technology company launched its centralized crypto exchange and OKX wallet in the Netherlands in June. Likewise, in February, OKX launched crypto exchange services and its Web3 wallet in Argentina, marking a strategic move to capitalize on the region’s increasing interest in crypto and blockchain technology.
OKX also obtained a Virtual Asset Service Provider (VASP) license in Dubai in January, signaling its commitment to serving the Middle Eastern market and a clear expansion strategy across different continents.
The post OKX Wallet Has Added Support for TON, Its 100th Chain appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.