Malta-based cryptocurrency exchange OKEx has announced it has been developing its own blockchain platform called the OKChain.
It’s planned the exchange will launch it a TestNet by June 2019.
"Due to a large number of users calling for OKB to be put on the blockchain, after considerations, our team has decided to put it onto the ERC-20 blockchain first by the end of April," states the announcement.
As soon as the OKChain becomes stable, OKEx’s token OKB will be migrated from the ERC-20 network to the OKChain MainNet.
As a reason for the developing of the OKChain, the exchange points out the launch of OKEx’s decentralized exchange called OKDEx.
Earlier, OKEx added TRON (TRX) to its customer-to-customer (C2C) trading market.
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