OKX Global Chief Business Officer Lennix: Becoming the Gateway to the Web3 Parallel World

Author: OKX

On August 15, Lennix, the Global Chief Business Officer of OKX, was invited to attend the "Innovation Technology and Art Development Summit Forum 2023" and delivered a keynote speech titled "OKX: Becoming the Gateway to the Web3 Parallel World," elaborating on OKX's Web3 business and global compliance layout.

The "Innovation Technology and Art Development Summit Forum 2023," abbreviated as "ITA2023," is hosted by the Bauhinia Magazine and co-hosted by Triangle Technology (Hong Kong) Limited. This year's forum, themed "Web3.0 Return: Building a New Golden Starting Point," invited notable figures for cross-border exchanges and in-depth discussions, including Hong Kong Special Administrative Region Chief Executive John Lee, Legislative Council Chairman Andrew Leung, leaders from central government agencies in Hong Kong, as well as prominent individuals from the finance, innovation technology, and cultural arts sectors.

In his speech, Lennix stated that Bitcoin has initiated the grand narrative of the next generation of the internet, Web3, and its underlying blockchain technology is turning this narrative into reality. Web3 rejects the centralized model of the traditional internet, Web2, and aims to break monopolies, returning data rights and privacy rights to users, thereby reshaping the relationship between people and platforms.

"While Web3 is building our idealized internet world, the migration process from Web2 to Web3 is hindered. As a leading global cryptocurrency exchange and Web3 technology company, OKX is committed to becoming the gateway connecting the two worlds, building a comprehensive business in both CeFi and DeFi," Lennix said. "The OKX exchange is the core product of our CeFi business, providing secure, reliable, and fast trading services, earning the trust of over 50 million users worldwide. The Web3 wallet is the core product of our DeFi business and is what we want to focus on and share with you today."

Lennix stated that the OKX Web3 wallet is the most comprehensive heterogeneous multi-chain wallet, designed to create a one-stop Web3 gateway, allowing global Web2 users and approximately 1.7 billion unbanked users to access the on-chain world fairly and freely anytime and anywhere, enjoying financial and technological services.

According to Lennix, the OKX Web3 wallet was launched in 2017 and currently supports over 65 public chains, aggregates more than 300 DEXs, provides access to over 11.3 million DApps, and supports over 258 million NFTs, while maintaining a record of zero security incidents.