OKX announces strengthened security partnership with CertiK

Author: OKX

On June 26, OKX, the world's second-largest cryptocurrency exchange and a leading Web3 technology company, announced that the blockchain security agency CertiK has successfully completed a security audit of its established BRC-20 Token standard. This standard is an important step in introducing Ordinals into the Bitcoin network and holds milestone significance for the cryptocurrency industry. In the future, both parties will continue to strengthen their security cooperation.

OKX is an early supporter and builder of the Bitcoin ecosystem, having supported the Bitcoin Lightning Network two years ago. Through continuous product iteration and innovation, it leads the industry in co-developing the BRC-20 standard and promoting innovation in Bitcoin network BRC-20 transaction indexing. This forward-looking initiative reflects OKX's mission to build a truly decentralized free market.

According to the Bitcoin ecosystem roadmap for the OKX Web3 wallet previously released by OKX, the OKX Web3 wallet has already supported Ordinals NFT and BRC-20 Token transactions, BTC cross-chain swaps, and other features, making it the first multi-chain wallet to support the Ordinals market.

Jason Lau, Chief Innovation Officer of OKX, stated: "Integrating the new Token standard is an important milestone for OKX, responding to community needs while providing powerful, secure, and user-friendly tools for handling these Tokens."

Jason Jiang, Chief Business Officer of CertiK, said: "We are pleased to strengthen our security partnership with OKX. CertiK's mission is to enhance the security and transparency of the blockchain industry, and this collaboration is an important step toward achieving our goals."

About OKX

OKX is a leading technology company aimed at building the future of Web3, developing a cryptocurrency trading application that combines speed and reliability, favored by global investors and professional traders. OKX is the second-largest cryptocurrency exchange by trading volume, trusted by over 50 million users.

OKX has launched industry-leading self-custody solutions, including the OKX wallet compatible with Web3, allowing users better control over their assets while connecting to DEXs, NFT markets, DeFi, GameFi, and thousands of dApps.

OKX collaborates with many of the world's top brands and athletes, including Premier League champions Manchester City F.C., McLaren F1 Team, Tribeca Film Festival, golfer Ian Poulter, Olympic snowboarder Scotty James, and F1 driver Daniel Ricciardo.

OKX is committed to enhancing transparency and security, publishing its reserve proof reports monthly. For more information about OKX, please download our app or visit OKX.com.

About CertiK

CertiK is a pioneer in blockchain security, utilizing cutting-edge artificial intelligence technology to protect and monitor blockchain protocols and smart contracts. Founded in 2018 by professors from Yale University and Columbia University, CertiK's mission is to secure the Web3 world. CertiK applies cutting-edge academic innovations to enterprises, enabling mission-critical applications to scale securely and correctly.

CertiK is one of the fastest-growing and most trusted companies in the blockchain security field, a true market leader. To date, CertiK has collaborated with nearly 4,000 enterprise clients, protecting over $360 billion in digital assets and discovering nearly 70,000 blockchain code vulnerabilities. Partner clients include leading projects such as Aave, Polygon, Yearn Finance, and Chiliz.

CertiK has received support from investors including Insight Partners, Sequoia Capital, Tiger Global, Coatue Management, Lightspeed, Advent International, SoftBank, Hillhouse Capital, Goldman Sachs, Coinbase Ventures, Shunwei Capital, IDG Capital, Wing, Legend Star, and Danhua Capital.