todayonchain.com

OKX is building a social network directly into its trading app after a massive $25 billion valuation

CoinDesk
Crypto exchange OKX is integrating a social network feature called Orbit into its trading app following a $25 billion valuation.

Summary

Crypto exchange OKX, recently valued at $25 billion after a strategic investment from Intercontinental Exchange (ICE), is launching 'Orbit,' a social network feature directly integrated into its trading application. Orbit allows users to post commentary, livestream discussions, and create trading groups, while also displaying verified performance metrics like portfolio returns to help users discern credible insights from hype. This move reflects a broader trend of combining social media and digital asset platforms, as traders increasingly rely on online communities for market signals. OKX managing partner Haider Rafique stated the goal is to provide a native social channel for sharing market interpretations. The feature is rolling out gradually starting February 26th. This development coincides with OKX's expansion, which includes plans to introduce tokenized stocks and crypto futures products through its partnership with ICE.

(Source:CoinDesk)