OKX builds layer-2 network using Polygon technology

OKX announced technology partnership with Polygon on November 14, 2023.

Primary

OKX

Counterparty

Polygon

Structure

technology partnership

Date

November 14, 2023

Sub-sector

Crypto / Digital Assets

OKX leverages Polygon's layer-2 tech to build its own Ethereum scaling network, competing with Coinbase's Base and addressing capacity demands.

Primary company

OKX

Counterparty

Polygon

Amount

Not disclosed

Event date

November 14, 2023

Sub-sector

Crypto / Digital Assets

HQ

Not disclosed

Structure

technology partnership

Source published

November 15, 2023

Publisher

CoinDesk

Source: coindesk.com