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OKX and Matrixport have reached a strategic partnership to jointly create top-tier derivative services.

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The collaboration aims to jointly create top-notch derivative services, including increasing liquidity, expanding market access, simplifying product experience, and further enhancing user trading experience.

On December 22, 2023, OKX, a leading global cryptocurrency trading platform and Web3 technology company, announced an upgraded broker partnership program and a strategic collaboration with Matrixport to jointly create top-notch derivative services, including increasing liquidity, expanding market access, simplifying product experience, and further enhancing user trading experience.

Matrixport is one of the world's leading digital asset financial service platforms, which has obtained many licenses such as the Hong Kong Trust Company License and the Money Lender License, and provides one-stop encrypted financial services for institutions and qualified individual investors. The latest data shows that Matrixport currently manages over 4 billion US dollars in encrypted assets.

Based on this cooperation, Matrixport will serve as an independent broker for OKX, providing seamless trading experience for users of both platforms. Matrixport users can also experience OKX's powerful trading services in real time, enjoy better trading depth and a wider range of trading pairs selection, as well as one-click asset transfer for quick account deposit.

Since the launch of the OKX broker partner program several months ago, a series of new open API functions have been introduced, including spot, contract, strategy trading, and wealth management products. These new features provide existing partners with broader development opportunities and open up unlimited possibilities for potential new partners. OKX's win-win partnership approach has earned the trust of many partners, including Matrixport.

Matrixport's Chief Operating Officer, Cynthia, stated: "Collaborating with OKX allows our users to freely choose trading currencies, trading and custody of assets, and more, significantly improving Matrixport's contract trading liquidity and service experience. This partnership is a solid step for us to expand our product and service offerings while maintaining high standards of market depth and security."

OKX Chief Business Officer Lennix Lai said: "We are pleased to provide our independent brokerage liquidity services to Matrixport's global users and look forward to offering them a wider range of trading products, more convenient trading experiences, and more flexible position management. Our goal is to expand its brokerage partner network, further promote OKX's depth and liquidity to major global trading platforms and institutions, and jointly promote the development of brokerage plans and ecosystems."