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Altcoin News

OKX Adds Merlin Chain’s MERL Token to Spot Market

Written By Gabriel Mael Gabriel Mael
Published April 20, 2024 4:43 AM·Updated 2 years ago
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OKX Adds Merlin Chain's MERL Token to Spot Market

OKX exchange has reportedly listed the Merlin Chain (MERL) token while also unveiling a groundbreaking research partnership.

First up, MERL, the native token of the Layer 2 Bitcoin solution Merlin Chain, has been added to OKX’s spot trading market. This integration allows users to trade MERL against the stablecoin USDT, expanding the platform’s diverse crypto offerings.

But that’s not all! OKX has recently joined forces with the prestigious Hong Kong University of Science and Technology (HKUST) to explore the cutting-edge realm of zero-knowledge (ZK) proofs and cryptographic protocols. 

This dynamic duo aims to enhance the efficiency and scalability of ZK decentralized exchanges (ZKDEXs), aligning with Hong Kong’s vision of becoming a Web3 hub.

Also Read: IRS Introduces Form 1099-DA for Digital Asset Reporting

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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