OKEx hastens NFT adoption with DeFi Hub, NFT Marketplace

KUALA LUMPUR, Sept 3 -- OKEx, a leading global cryptocurrency spot and derivatives exchange, has announced the launch of a decentralised digital asset ecosystem, DeFi Hub.

The platform currently features two core products: NFT Marketplace and DeFi Dashboard.

“The NFT market is growing rapidly in popularity, creating a need for a comprehensive system for managing NFTs,” said OKEx Director Lennix Lai in a statement.

“With DeFi Hub, we’ve created an NFT Marketplace that will accelerate NFT adoption by making it easier than ever for anyone to create, exchange, and sell NFTs. We’re also thrilled to launch DeFi Dashboard to bring much-needed improvements to users’ visualisations of their cryptocurrency portfolios.”

The NFT Marketplace is an end-to-end NFT platform built to empower creators and inspire collectors. Via the platform, anyone can buy, sell and trade NFTs directly, with zero fees paid out to OKEx.

Newly-minted NFTs will be available for sale on NFT Marketplace and creators are given flexibility to set their own royalty fees.

Signalling OKEx's commitment to protecting the interests of creators, royalty fees for creators are then paid out to them in every subsequent transaction on NFT Marketplace's secondary market.

In addition, DeFi Hub also offers a way to view and manage decentralised assets across major blockchain networks and DeFi protocols. The DeFi Dashboard displays both a full portfolio view, as well as separate view for digital collectibles.

OKEx has innovatively adopted blockchain technology to reshape the financial ecosystem and offers some of the most diverse and sophisticated products, solutions and trading tools on the market.

-- BERNAMA