OKX is ‘Going All In’ with New Inscription Token Standards

We’re thrilled to enable new inscription token standards across #OKXWallet & our marketplace.

Our CIO @jasonklau explains why we’re going ALL IN on inscriptions ⤵https://t.co/NeXp5qonJ5

— OKX (@okx) January 29, 2024

Inscriptions have gained popularity, especially among Asian users, driving increased activity on OKX. Consequently, the platform now supports storage, viewing, buying, and selling of these early inscriptions in their Web3 self-custodial wallet.

Despite criticism, the demand for inscriptions is rising. OKX has expanded its user base from hundreds to over 100,000 users. The tool supports inscription minting on 23 networks, demonstrating the ecosystem’s commitment to digital asset management.

The rollout timing matches the rising traction of these protocols, reflecting OKX’s commitment to innovation and user empowerment in the Web3 space.

Early indications of inscription activity on other UTXO chains further showcases the platform’s strategic approach to meeting the crypto community’s needs.