OKX Launches xBTC, Expanding Bitcoin’s DeFi Reach Across Solana, Sui & Aptos

OKX has introduced xBTC, a new wrapped version of Bitcoin designed for wider use within decentralized finance (DeFi). This innovation allows users to access the benefits of DeFi without relinquishing control over their Bitcoin holdings. The xBTC token is 1:1 backed by real Bitcoin held securely by OKX on supported chains—Solana, Sui, and Aptos. Users can leverage this to participate in DeFi activities such as lending, swapping, and engaging with decentralized exchanges, all while enjoying transparent and cost-effective transactions.