OKX has reached a strategic cooperation with Matrixport to jointly create top-notch derivatives services

On December 22, 2023, OKX, a global leading cryptocurrency trading platform and Web3 technology company, announced the upgrade of its broker partnership program and a strategic collaboration with Matrixport. The aim is to jointly create top-notch derivatives services, including increasing liquidity, broadening market access thresholds, and simplifying product experiences, thereby further enhancing the user trading experience.

Matrixport is one of the world's leading digital asset financial service platforms, having obtained numerous licenses, including a Hong Kong trust company license and a lending license, providing one-stop crypto financial services for institutions and qualified individual investors. The latest data shows that Matrixport currently manages over $4 billion in cryptocurrency assets.

Based on this collaboration, Matrixport will act as an independent broker for OKX, providing users of both platforms with a seamless trading experience. Matrixport users will also be able to experience OKX's powerful trading services in real-time, enjoying better trading depth, a wider selection of trading pairs, and quick asset transfers with one-click.

Since the launch of the OKX broker partnership program a few months ago, a series of new features including open APIs for spot, futures, strategy trading, and wealth management products have been introduced, providing existing partners with broader development space while opening up infinite possibilities for potential new partners. The win-win partnership approach upheld by OKX 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, trade, and custody assets, significantly enhancing Matrixport's contract trading liquidity and service experience. This partnership marks a solid step towards expanding our product service range while maintaining high standards of market depth and security."

Lennix Lai, Chief Business Officer of OKX, stated: "We are excited to offer our independent broker liquidity services to Matrixport's global users and look forward to providing them with a richer variety of trading options, a more convenient trading experience, and more flexible position management. Our goal is to expand its broker partnership network and further promote OKX's depth and liquidity to major exchanges, platforms, and institutions worldwide, jointly advancing the development of the broker program and ecosystem."