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OKX Collaborates with exSat Network and Standard Chartered to Enhance Bitcoin Yield Offerings

OKX Collaborates with exSat Network and Standard Chartered to Enhance Bitcoin Yield Offerings

Author:
OKX News
Published:
2025-06-16 13:56:57
18
1

In a significant development for the cryptocurrency sector, exSat Network has announced a strategic partnership with OKX and Standard Chartered to expand yield-earning opportunities for Bitcoin investors. This collaboration combines Standard Chartered''s financial expertise, OKX''s robust technical infrastructure, and exSat''s decentralized scaling solutions to create secure and accessible yield products for both retail and institutional participants. The initiative underscores the growing institutional interest in Bitcoin and its potential as a yield-generating asset. As of June 2025, this partnership is poised to set a new benchmark for Bitcoin-based financial products, further bridging the gap between traditional finance and decentralized technologies.

exSat Network Partners with OKX and Standard Chartered to Expand Bitcoin Yield Opportunities

exSat Network, a leading Bitcoin scaling solution, has forged a strategic partnership with crypto exchange OKX and global banking giant Standard Chartered. The collaboration aims to create secure yield-earning opportunities for both retail and institutional Bitcoin investors.

The initiative leverages Standard Chartered''s financial expertise, OKX''s technical infrastructure, and exSat''s decentralized framework to deliver compliant yield products. Security and custody remain paramount in the partnership''s design, addressing key concerns for institutional adoption.

This tripartite arrangement marks a significant step in bridging traditional finance with Bitcoin''s ecosystem. By combining institutional-grade safeguards with decentralized technology, the partners aim to unlock new capital flows into Bitcoin while maintaining regulatory compliance.

OKX Delists 8 Altcoins Amid Market Fallout, NULS Leads Declines

OKX has removed eight altcoins from its platform following a periodic review of listing standards, triggering significant price drops for most affected tokens. NULS led the downturn with a 41.8% plunge, while Nano surprisingly bucked the negative trend.

The delisted assets include Alchemix (ALCX), NULS (NULS), Measurable Data (MDT), BORA (BORA), Cortex (CTXC), Nano (XNO), Venom (VENOM), and DappRadar (RADAR). Trading pairs against USDT and USD will be discontinued between 8:00 AM and 10:00 AM UTC on June 20, 2025.

The exchange emphasized its commitment to maintaining market integrity, stating the tokens no longer meet its listing criteria. Users must cancel open orders for these pairs before delisting, with remaining orders facing automatic cancellation within 1-3 business days.

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